Tesla’s cheapest car just got cheaper.
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Tesla is slashing the base entry price of the Model S.
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Tesla moved a total of 6,892 Model S vehicles in the fourth quarter of 2013, but it wasn’t enough to keep the company out of the red, registering a GAAP net loss of $16 million and a full-year loss of $74 million.
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Tesla announced today that the Model S will now be available through a leasing program which is aiming to broaden the car’s availability to more buyers.
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The Tesla Model S is getting a bump up in price, and will now start with a base price of $59,900 before federal tax credits.
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