By now you’ve probably heard of the Tesla Model S, but the car maker’s electric-car company is also launching a second-generation model with an expected price tag of $80,000.
Tesla has partnered with the manufacturer to offer this guarantee for the Model S 90D, a premium sedan with a $100,000 price tag.
The Model S will have the highest price of any Tesla model, with the 90D offering a $150,000 base price, and a $75,000 sticker price.
But that price could go up in the future if Tesla is able to produce more models and sell them at a lower price point.
Tesla says the 90Ds production run will last for five years.
“We’ve been working hard on the Model 3, and as we’ve been able to build it, we’ve also been able the Model X to get to a level where we can afford to put it on sale for $60,000,” Musk said.
“And so we’ve kind of had the Model 2 in production for almost a year, and we’re at the point now where we want to be able to offer it for $80 million, which is probably the most we’ve ever offered.
And so I think we can go down the line to $70 million.”
Tesla says the Model Z is slated to go on sale later this year, with a price tag similar to the Model 90D.
It is currently available only in Europe and Australia, but Tesla plans to expand its reach into Asia and Latin America in the near future.