Tesla Model S starts from $57,000* for the base model


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Tesla announced the production of the Tesla Model S about two months ago, and today, it plans to sell the all-electric car from $57,000 before the $7,500 tax credit.

The Tesla Model S will be first all-electric sedan producing for the masses. The first 1,000 vehicles will be built as the Signature Series cars, which are fitted with 300-mile range batteries. Tesla will continue to built the 300-mile range cars but will be providing the optional 230-mile and 160-mile Model S sedans as well later in the year.

Starting with the base model Tesla Model S (the 160-mile range), it will start at $57,000. But with a $7,500 tax credit from Uncle Sam, it will be reduced that to $49,500. Too bad that you have to pay up front the full amount first and claim your $7,500 later at the end of the year. Moving up to the middle range is the 230-mile range Model S, it will cost $67,000. And lastly, the top-of-the-line 300-mile Model S will set you back at $77,000.

Initially, Tesla plans only to produce 5,000 units in 2012 to test the market. If all things go well, it plans to produce 20,000 units in 2013.

Tesla Model S will be available in all continents, with first available to the North American market in mid 2012, then in Europe in the same year, and later in Asia in 2013.