Tesla Model S Bound for Price Bump

Luke Vandezande
by Luke Vandezande

Tesla confirmed in a blog post that it will soon raise the price of its Model S electric luxury sedan.

It isn’t clear how much the price will climb, but the company was also quick to clarify that clients with orders already placed will not be subject to change. Those holding reservations who haven’t finished configuring their cars will receive a deadline soon, after which the price will raise. Provided those reservations are completed by the son-to-be-released date, those customers will also avoid the price increase.

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Currently, there are more than 13,000 Model S sedans booked for production, which will keep the company’s production line hopping for months to come. Still, waving a price hike in front of potential buyers will likely work to spur indecisive buyers toward action sooner.

Part of the change, Tesla says, will include a change in a few options packages where certain things that are currently standard will move into more upmarket price brackets for the car.

Official word on what the revision will mean are coming soon — Tesla expects to release full details on the changes in the next “two to three weeks.”

Luke Vandezande
Luke Vandezande

Luke is an energetic automotive journalist who spends his time covering industry news and crawling the internet for the latest breaking story. When he isn't in the office, Luke can be found obsessively browsing used car listings, drinking scotch at his favorite bar and dreaming of what to drive next, though the list grows a lot faster than his bank account. He's always on <A title="@lukevandezande on Twitter" href="http://twitter.com/lukevandezande">Twitter</A> looking for a good car conversation. Find Luke on <A title="@lukevandezande on Twitter" href="http://twitter.com/lukevandezande">Twitter</A> and <A title="Luke on Google+" href="http://plus.google.com/112531385961538774338?rel=author">Google+</A>.

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