Poll: Tesla Model S Buyers Willing To Spend Big for Extra Range

By Eric Loveday · January 13, 2012

Tesla Model S and Tesla Roadster

Tesla sets a new trend by offering its Model S with varying degrees of range. Meanwhile, "encore" versions of the Tesla Roadster will be offered with new features.

According to a poll of potential buyers at TeslaMotorsClub.com, more than 51 percent will opt for the performance version of the 2012 Tesla Model S with an 85 kilowatt-hour battery pack. This version boasts a driving range of 300 miles, and can carry a price tag exceeding $92,000. In contrast, only 16 percent would opt for the least expensive 40-kWh version of the Model S. When equipped with the 40-kWh battery pack, the Model S's range dips to 160 miles. What about the middle ground? Nearly 20 percent of potential Model S buyers would opt for the mid-level, 60-kWh version of Tesla's electric sedan.

Base pricing for the Model S depends on range, with the 160-mile (40-kWh) Model S starting at $57,400; the 230-mile (60-kWh) version coming in at $67,400; and the 300-mile (85-kWh) electric sedan starting at $77,400. Then, there's the Model S Performance version—which features an 85-kWh lithium-ion battery and rips from 0 to 60 miles per hour in 4.4 seconds and comes equipped with $5,000 in additional standard equipment. The Model S Performance version starts at $92,400. All prices exclude the federal government's $7,500 tax credit.

Performance specs also vary. For example, the 40-kWh Model S scoots from 0 to 60 mph in 6.5 seconds and hits a top speed of 110 mph, whereas the 85-kWh Model S (non-Performance version) moves from 0 to 60 mph in 5.6 seconds and hits a top speed of 125 mph.

The results of this informal poll seem to indicate that most potential buyers are willing to shell out additional cash for a bump in range and performance. By offering customers the option of multiple pack sizes—giving the chance to buy more driving range—Tesla is once again establishing its role as an EV innovator. Earlier this week, Coda announced that its electric sedan would be available at a lower price, but with less range. We expect other electric car companies to make their EVs available in a range of driving ranges.

More Tesla News: Roadster Updates

Tesla announced this week that it will update its iconic Roadster for 2012—as the limited-production electric sports car enters its final year of availability. The 2012 Roadster—only available in Europe, Asia and Australia—features these updates:

  • Exclusive encore colors - Cosmic Black, Galactic Gray and Magma Orange
  • A rear snow cover and improved motor and inverter systems for even better performance in snow and ice
  • Improved air conditioning for driver comfort in the hottest months
  • Xenon headlamps
  • Enhanced front windscreen seals to make the cabin even quieter
  • Two Mobile Connectors available for charging in Europe and Japan; the Tesla IEC Type 2 (Mennekes) Mobile Connector and the J1772 Mobile Connector, which enables the Roadster to charge at public stations in Europe and Japan

"The Tesla Roadster is the first and only of its kind, an electric sports car with exhilarating performance, zero emissions and gorgeous looks,” said Ricardo Reyes, Tesla vice-president of communications. “This latest version embodies Tesla's commitment to constant improvement. These Roadsters are our best ever." More than 2,100 Roadsters are on the road, with owners in 31 countries logging 18-plus million electric miles.

About the author

Eric Loveday is an automotive enthusiast who is passionate about everything auto. He purchased a 1970 Chevelle at age 16, quickly outgrew its dated engineering and outrageous consumption of gasoline, and sold it off. Eric developed a true passion for automotive writing after graduating from the University of Michigan with a degree in print journalism. Eric spent most of his time since then ...

Full bio · 147 posts

Comments

· alt-e · 18 weeks ago

When taken together the LEAF and the Model S are such important electric vehicles.

The LEAF shows that a very capable daily commuter is affordable right now for the driving that nearly everyone does nearly every day.

The Model S illustrates that electric vehicles can do the extended duty of a long trip.

As we go through time and batteries improve, these two features will get closer together until they are in the same car.

· Jose G · 18 weeks ago

No surprise buyers in this segment will spend more for extra range. An extra 10k or 20k on a 60k car is less significant than an extra 10k or 20k on a 30k car.

Anyone have insight on the 2 executive departures Tesla announced today?

· Londo Bell (not verified) · 18 weeks ago

Just saw it on Edmunds that 2 of the execs responsible for Model S have parted ways with Tesla...wonder what's going on (conspiracy here)?

· regman · 18 weeks ago

"Anyone have insight on the 2 executive departures Tesla announced today?"

Wall Street thinks thay have some insight based on the 19% loss today. Got home after being out all evening, checked my stock and got a shock.

· JRP3 · 18 weeks ago

I'm pretty sure the 2 execs leaving Tesla are not a big deal. Someone at TMC claims they were hired together, one being assistant to the other at a previous company, and so they left together. In any case it's far less important than the market is making it in my opinion.

· Pet portraits (not verified) · 18 weeks ago

This is my dream car. I would like to buy as early as possible. Tesla sets a new trend by offering its Model S with varying degrees of range. Meanwhile, “encore” versions of the Tesla Roadster will be offered with new features.

· DarkStar (not verified) · 17 weeks ago

You can't forget that Tesla is building the high capacity version first, so some people will opt for that version just so they get it sometime this year.

· Robert_Boston (not verified) · 17 weeks ago

The flurry over the two departing Tesla engineers was a tempest in a teapot. Tesla did a great job addressing any concerns on a Tuesday AM call, and the stock price is now back where it was before the news came out.

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