Tesla to raise base price on Model S electric car 4.35 pct

Newswire

Nov 29 (Reuters) - Tesla Motors Inc is raising the base price of its Model S electric sedan 4.35 percent, or $2,500, starting next year. The electric carmaker said on Thursday that Model S cars that are reserved beginning Jan. 1 will cost $59,900 before the $7,500 federal tax credits, up from $57,400 when the car was introduced in March 2009. The price increase will not apply to customers who already have a reservation or make one before year end, the ...

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