Tesla has released more details about its upcoming Model S sedan. Deliveries are expected to start in mid-2012 and the first 1,000 units off the line will be the North American Model S Signature Series. The limited-edition series will be equipped with the 300 mile range battery and will feature unique badging.
After the initial 1,000 units are produced the deliveries will continue to be powered by the 300 mile range battery, followed by the 230 and 160 mile options later in 2012. Tesla expects to produce 5,000 units in 2012.
Pricing for the Model S is expected to start at $49,900 for the 160-mile battery model after the $7,500 federal tax credit. The 230-mile option is expected to cost $10,000 more and the 300-mile option is expected to cost $20,000 more than the base model, which puts it at $74,400 before any federal tax credits.
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