Tesla Motors Drops Price of Model S In Europe, To $94,000

 @angeloyoung_a.young@ibtimes.com
on November 18 2013 1:05 PM
Tesla S 2012 Getty Images
The Model S. Getty Images

Tesla Motors Inc. (NASDAQ:TSLA) is working through its supply chain issues that it says are the main factor constraining deliveries, but it's clearly trying to keep the orders coming despite the month-long waiting list.

In order to keep this momentum, the Palo Alto, Calif.-based automaker recently knocked 3,160 euros ($4,273) off the starting price of a Model S. Now, the sedan with the smaller 60 kWh battery with the 208-mile range is priced at 69,440 euros in Belgium and the Netherlands, or just under $94,000, according to egear.tv, a Dutch-language electric-vehicle magazine. Similar price reductions were made elsewhere in Europe. The price includes European value-added taxes of roughly 12,000 euros depending on the country and excludes any local incentives for driving green machines.

The entry-level version of the Model S in the U.S. is considerably lower, at $63,570 excluding tax incentives, thanks to lower consumption taxes and lower cost of delivery from the company’s sole manufacturing plant, which is in Fremont, Calif.

Here are the three base prices for the Model S. They vary a little in Europe from the company’s advertised price because of different tax regimes. Prices are based on the company’s Netherlands operations where it has its European headquarters and assembly and distribution center in Tilburg. Base vehicle prices are rounded to the nearest $500. Options are rounded to the nearest $100.

- A 60 kWh (208-mile range) Model S in Europe: $94,000
- A 60 kWh Model S in the U.S.: $63,500

- An 85 kWh (265-miles range, 362 hp) Model S in Europe: $107,000
- An 85 kWh Model S in the U.S.: $73,500

- An 85 kWh Performance (416 hp) Model S in Europe: $125,000
- An 85 kWh Performance Model S in the U.S.: $87,000

Options

- Metallic paint in Europe: $1,000
- Metallic paint in the U.S.: $750

- Multi-coat paint in Europe: $2,000
- Multi-coat paint in the U.S.: $1,500

- All-glass panoramic roof in Europe: $3,400
- All-glass panoramic roof in the U.S.: $2,500

- The 19” Cyclone wheels in Europe: $3,400 
- The 19” Cyclone wheels in the U.S.: $2,500 
- The 21” Turbine wheels in Europe: $6,000
- The 21” Turbine wheels in the U.S.:  $4,500

- Leather interior (excluding seats) in Europe: $2,000
- Leather interior (excluding seats) in the U.S.:  $1,500

- Leather interior (including seats) in Europe: $3,400
- Leather interior (including seats) in the U.S.: $2,500
- Interior décor upgrade in Europe: $900
- Interior décor upgrade in the U.S.: $650 
- Carbon fiber interior details in Europe: $1,100
- Carbon fiber interior details in the U.S.: $800

Here’s what a completely optioned-out 80kWh Performance Model S would cost, including all the top options above plus extras, including parking sensors, trim upgrades, parking caliphers and an air suspension system that automatically raises and lowers the bottom clearance depending on driving conditions:

- In Europe:  $176,000
- In the U.S.: $126,000

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