Tesla has confirmed the Model S will soon see a price increase. The company has yet to release details on how much more the critically acclaimed electric vehicle will cost moving forward, but has released a few details about how the shift will affect buyers with existing reservations. Tesla says the increase will not apply to anyone who has a reservation so long as they configure and finalize their order "within a fair and predefined timeframe." Likewise, those buyers who deferred their reservations will be able to keep the original pricing by finalizing their order within the same timeframe.

Tesla says the price shift will also include changes to the Model S option package structure, and that some features currently considered standard equipment will become added cost options in the future. As with the overall price increase, these changes will not impact those with current orders, reservations or deferred reservations. Expect to hear more about the price increase as information becomes available, and in the meantime you can read the brief press release below for more information.
Show full PR text
Is it true there will be a Model S price increase in the near future?
November 20, 2012

Yes, we will be announcing a Model S price increase in the near future. However, there are a few very important points to understand about the upcoming price increase:

The price increase will not apply to anyone with an existing reservation prior to the effective date of the price increase and who also configures their car and finalizes their order within a fair, predefined timeframe.

There will be a few "options package" changes as part of the price increase (meaning some things that are currently considered standard equipment may become part of an optional package going forward). These changes will not apply to anyone with an existing Model S reservation prior to the effective date of the price increase who also configures their car and finalizes their order within a fair, predefined timeframe.

All reservation holders who have "deferred" will receive an email regarding the price increase and will have the opportunity to keep current pricing and options packages by finalizing their configuration and order within a fair, predefined time frame, similar to those who did not defer.

This price increase is planned to be announced with full details, effective dates, pricing and options packages in the next two to three weeks. We are starting to hear rumors about "a price increase coming soon" and want to assure current reservation holders that the price increase will not affect them as long as they configure and finalize their order within a fair, predefined time frame after being invited to configure their Model S. If a test drive is all that is holding you back from configuring your car, please make an appointment at a Tesla store near you.


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 112 Comments
      johnnythemoney
      • 2 Years Ago
      Quite likely the were a bit abundant sweetening the deal in the first stage. Now that people accepted the Model S as a proper car and option for their next purchase, they are just adjusting the price to its natural level.
      bluepongo1
      • 2 Years Ago
      Out of context comments by Grendal, purrpullberra, and others incuding myself are due to a slugs ignorant rants being erased; THANKS ABG!!! Unfortunately the slug will probably return under a different name to pollute Tesla threads.
      purrpullberra
      • 2 Years Ago
      I get so much pleasure from reading how far out these claims seem. Vaporware. Pfft. It's to lock suckers in to purchases so a few million dollars can finally get spent. NOPE. Tesla passed the stage where $5 million or so is needed to stay in biz. 5k x how many reservations, Rotation? 1000 2000? Announce future price increases to free up 5-10 million that they will already get?? You've got to be kidding or myopic. They just got $250 million approx. It's crazy to think that the Tesla people ever think like that. Let alone pretend it's more evidence of a nefarious company agenda. Crazy. Tesla are busy building real cars and trying to make the process profitable ASAP. That was always going to necessitate a price increase. Generally cars get more expensive each year. Much more so with major overhauls. We have no idea the magnitude of the increase (or value). Only those who were potential customers should have questions or anxiety about when is it best to purchase (or reserve) a ModelS. Future price increases are a huge factor in figuring that out. So Tesla are doing nothing more than what has passed for business as usual in the car industry for decades! Why all the bitchin? It what ____ es do. :-)
      mikeybyte1
      • 2 Years Ago
      I always figured Tesla would end up decontenting the cars a bit and then charging more for additional options that used to be standard. Many manufacturers do this. Just thought it would be in another year or so, maybe after the Model X came out. Funny thing is when I go price one on their website I find myself piling $10k of options on. So I wonder what else they are taking out. It is such a breakthrough vehicle, however, that I am sure it will not impact sales/reservations. Tesla really needs to ramp up production capacity and delivery speed.
        Rotation
        • 2 Years Ago
        @mikeybyte1
        What can they take off? Cruise control? Maybe they'll charge for the online connectivity? Tesla seems to be in a bit of a tizzy about how to figure out how to charge for the continuing online charges. Right now they say just don't worry about it for a year, which is good since they still need to deliver upgrades over the 3G (like it doesn't even have a charge timer right now), but perhaps at some point they'll cut customers off if they don't pay? Maybe they can take off supercharging and charge for that?
      Electron
      • 2 Years Ago
      Didn't see that one coming...Maybe I should have though, both Nissan and GM pulled that one with the Volt and the Leaf. But how does that help meeting the 20k/year sales goal? Maybe after all the awards and rave reviews Tesla feels it can afford it though (the "apple factor"). And maybe it needs to to meet the 25% profit margin goal it needs to get rid of old debts (~$900 million of them...)and develop new products, either because producing these cars is more costly than anticipated or because of general inflation.
      Leet
      • 2 Years Ago
      Tesla Motors will be a footnote in automotive history 10-15 years from now. No amount of public funding will save this company, or putrid green rhetoric for that matter.
        • 2 Years Ago
        @Leet
        [blocked]
          Spec
          • 2 Years Ago
          Hey Nixon . . . if we have so much oil then why is it $4/gallon where I live? Because we don't have that much conventional oil. Conventional oil is in decline. We are now moving onto oil-stained dirt (tar sands), thick black gunk (heavy oil), and small pockets of expensive-to-extract "tight" oil in the Bakken shale. We'll continue to have oil . . . it is just going to get more and more expensive.
          • 2 Years Ago
          [blocked]
          Marco Polo
          • 2 Years Ago
          @ peter_nixon Mindless, over the top, excessively 'green' ranters, can be irritating. But you are a whole different class of madman ! The world does not have humongous amounts of Oil and Gas or even coal. No sensible person thinks such nonsense. I can't exactly tell what it is you are advocating, (apart from expanding the use of upper-case) but, you seem to be terrified of progress and change. Now if you really studied history, you would discover that nothing stands still !
      Carma Racing
      • 2 Years Ago
      If I had a Tesla Model S, I would load up the wife and go to my sister's for Thanksgiving. Just kidding, it would not go half that far. What a joke!
        Grendal
        • 2 Years Ago
        @Carma Racing
        Carma troll. I'm sure that driving a thousand miles to visit your sister is what you do every year. She'll be just as unhappy to see you as all of us here are unhappy that you come by to annoy us. "Ugh, he's here. Do your best to be nice. He is my brother."
          • 2 Years Ago
          @Grendal
          [blocked]
          Chris M
          • 2 Years Ago
          @Grendal
          What, Carma, your sister lives out where there's no electricity? Maybe she's Amish? Well, a car like this just might change her mind about "modern conveniences". Or maybe she's the type to kick you out after 15 minutes or so, not nearly enough time to charge up. That I can believe.
          Rotation
          • 2 Years Ago
          @Grendal
          Chris M: If your sister doesn't have a plug in the garage for you to charge off, you're going to have to spend a day and a half (about 35 hours) at her house not driving the car for every 100 miles away she is from you. This is because on 110V you only put in 3 miles per hour of charging. This is a pretty significant issue if your sister lives far away, even if she has electricity.
          Grendal
          • 2 Years Ago
          @Grendal
          Yep. Just keep pushing those lies. Maybe someone will buy your BS. Anyone else here believe Carma's lies? ....Nope? Everyone here says you're full of it, Carma. Motor Trend COTY, Automobile Magazine COTY, Yahoo! Autos COTY, Time Magazine Top 25 Invention for 2012, and Popular Science Automobile Grand Prize winner. Looks like they and 50 auto reviewers disagree with you too. Too bad your opinion is just BS, Carma. 265 mile range according to the EPA and lots of owners.
        Lab Rat
        • 2 Years Ago
        @Carma Racing
        They do have a version with a proven 300 mile range. So keep lying to yourself if it makes you happy.
          Grendal
          • 2 Years Ago
          @Lab Rat
          The 85 kWh Model S was given an EPA rating of 265 miles on a ranged charge. You can get 300 miles but only by hypermiling and babying the car.
        purrpullberra
        • 2 Years Ago
        @Carma Racing
        If I was insane and had no friends or sex life, hope or even a small attachment to reality I might think I'm not a complete waste of time, IF. If vaporware wasn't so attractive... If people couldn't see through the immature childish attempts to interact with decent people. If you weren't such a joke, I F.... If impotence wasn't ruining lives we'd have no trolls. IF you could afford a new car.... There is a reason for everything, even that which defies all sense. What whiff? Giving thanks? You? Go back under your bridge troll and let give adults a needed break from insanity, whether from trolls, children or chaos, we ALL deserve better than you.
          EVnerdGene
          • 2 Years Ago
          @purrpullberra
          he's a poet, and we didn't know it Thanksgiving cheer !
      Josh
      • 2 Years Ago
      Wins car of the year award , then raises prices. Bowled over, I am. Not sure why we keep hearing about tesla . Has he even made a single profit yet? When is this ego maniac going to throw in the towel and admit he should have put his paypal money in his paypal account and sat on it?
        Shiftright
        • 2 Years Ago
        @Josh
        You seem to lack any sense of vison whatsoever. The fact that Tesla has managed to bring such a composed, well developed, well built desirable car bristling with innovative technology to market from scratch is quite an achievement. What does them making a profit have to do with anything? Besides, making a profit on a totally new product from a very young company typically doesn't happen for a few years after a successful launch.
      Anne
      • 2 Years Ago
      Supply and demand. Demand is high, so price goes up. Capitalism 101.
        Rotation
        • 2 Years Ago
        @Anne
        They have less than one year's worth of orders right now. Is that considered high demand?
          Lab Rat
          • 2 Years Ago
          @Rotation
          When you're back-ordered for 6 months... Yeah, I'd say so.
          ElectricAvenue
          • 2 Years Ago
          @Rotation
          "Is a year's worth of orders really high demand?" Ummmm.... yes? Is this a trick question?
        Electron
        • 2 Years Ago
        @Anne
        Good point. Tesla cashing in on its success.
      paulwesterberg
      • 2 Years Ago
      BMW, Audi, Cadillac, Ferrari, Porshe have not been able to produce a concept EV at less than twice the price of the Tesla Model S. With car of the year awards and all of its vehicles pre-sold for the next 6-8 months you can bet there are a lot of executives and engineers at those companies trying to figure out how they can bring a vehicle to market.
        wooootles
        • 2 Years Ago
        @paulwesterberg
        Those mentioned companies are too busy making real money, that's why
        Rotation
        • 2 Years Ago
        @paulwesterberg
        Concepts don't have real prices. And no, I don't think executives and engineers at other companies are trying to figure out how to get into this market given the small size of it. We've in fact seen company after company cancel their EV plans, Audi even pretending they never planned to make one in the first place.
          Shiftright
          • 2 Years Ago
          @Rotation
          The're all too busy filling pointless niches no one asked for. Remember how huge the hybrid market was when the Prius and Insight were first launched?
      Jonathan Wayne
      • 2 Years Ago
      Considering you can option base 911s, S Classes, 7 Series and so on well into the $130,000 mark, this car is really not that expensive. The target demographic for this car really does not care that much to be honest.
      Avinash Machado
      • 2 Years Ago
      Nothing unusual about a price rise.
        • 2 Years Ago
        @Avinash Machado
        [blocked]
          Grendal
          • 2 Years Ago
          The way you troll, you work very hard at it. Multiple accounts, having conversations with yourself to get approval, and getting kicked off but coming back are all indications of your obsession. Been to see a doctor yet for your problems?
        purrpullberra
        • 2 Years Ago
        @Avinash Machado
        I bet you didn't expect to get your head bit off by a lunatic for that innocuous comment. Just walk past the insane beggar filth and enjoy all that isn't polluted by it. Any non-Tesla story should do. :-)
          Grendal
          • 2 Years Ago
          @purrpullberra
          He must have gone off his meds. He seems to just troll then after a week or two he explodes in anger and rabid trolling. This is the third time I've seen it happen. First Thor Petersen, then knodoctor, and now peter nixon. He still has luigi tony and we'll probably see him posting under that name again soon.
          Avinash Machado
          • 2 Years Ago
          @purrpullberra
          Looks like Peter Nixon got banned.
    • Load More Comments