Tesla hikes Model S price by $2,500
Model S output is forecast to reach about 20,000 units next year.
Tesla Motors Inc. is hiking the base price of the all-electric Model S by $2,500 to $59,900, or $52,400 after a federal tax credit.
The new price reflects an increase of 4.4 percent over the $57,400 base price ($49,900 after the $7,500 tax credit) when the sport sedan debuted in March 2009.
Consumers can reserve a Model S by paying a $5,000 deposit, a move that places them on a waiting list. Everyone on the list by Dec. 31 will not be affected by the price increase, Tesla said.
Once those with reservations are invited to configure their cars, which could occur within the first weeks or months of 2013, they will have four weeks to configure and place a final order without being affected by the price increase, a Tesla spokeswoman said today.
There were 13,200 people on the Model S waiting list at the end of the third quarter, Tesla says.
The base price on the Model S has remained the same for the past three and a half years, when Tesla accepted advance orders. Tesla continues to increase Model S output in Fremont, Calif., and expects to be building about 1,600 units a month by year end.
Annual output is forecast to reach about 20,000 units next year.
The Model S has a 230-mile range, a touch-screen center console and seats five.