Tesla Motors Inc (NASDAQ:TSLA) introduced the new base model of the Tesla Model S last week. The new version is all electric just like its predecessors and is known as the 70D.
The company had not given any prior announcements before introducing the model. It just came as a surprise, perhaps with an intention to capture more publicity. The vehicle suddenly appeared in the company’s website at the same time as it did on the showrooms.
Production is already ongoing, and the 70D model will be available in the company’s stores in a few days. For those who want to purchase the vehicle now, here is some good news, you can pre-order now and expect delivery within two months.
The new 70D model is a replacement of the 60D model that was introduced two years ago. The vehicle has significant improvements that showcase Tesla’s capacity to learn and make adjustments where its product was previously lacking.
Pricing for the automobile starts at $75,000, for the base model. While the car is priced between the rear-drive 60D model and the 85kWh model that also happens to be a rear-drive but with a higher price tag. But it would not be so right to compare the two models with the 70D reason being, the 70D is all-wheel. Thus, for such a price tag, it is said to have more value over its predecessors. The all-wheel feature will offer more superiority not only in the price value, but also in customer satisfaction especially during the winter season.
The electric power range has also been refined. The 70D is expected to average about 240 miles, which is better compared to the 60D that could only average about 208 miles, thus a 15% improvement. The 70D also boasts of 329 hp, which is 23 hp more than the predecessor. Take off time is even better. The vehicle takes 5.2 seconds to get from 0 to 60, while the previous model takes 5.9seconds. Top speed has also been pushed to 140mph from 120mph.
