Price Of Tesla Model S Expected To Rise In Europe

NOV 28 2014 BY MARK KANE 6

Model S Pricing In Germany

Model S Pricing In Germany

Tesla Motors decreased prices of the Model S in Europe by at least several percent in March 2014 due to the stronger euro.

Now, over half a year later, it turns out that weakening of the euro will probably lead to a Model S price increase.

Elon Musk notes that difference is 7%, which is enough for Tesla to consider adjusting prices.

“We’re probably going to have to adjust the price of our car in euros upwards because there has been a 7 percent change in the exchange rates of the euro versus the dollar. So we’ll periodically have to make pricing adjustments if the exchange rate band gets too wide. I would certainly encourage anyone in Europe to purchase their car soon because we probably will have to make an adjustment there.”

In Europe, prices of cars are always higher, even by up to one third due typically to a 20%+ Value Added Tax.

We just hope that thanks to improved production efficiency, Tesla will slightly decrease the price of the Model S in U.S., so maybe prices in Europe could then stay at the current level.

Source: Tesla Motors via AutoblogGreen

Categories: Tesla

Tags:

Leave a Reply

6 Comments on "Price Of Tesla Model S Expected To Rise In Europe"

avatar
newest oldest most voted
ffbj
Guest
ffbj

I wonder what his advice to potential Russian buyers would be?

Elon Musk
Guest
Elon Musk

Buy now. Tesla will have to increase prices in Russia because the ruble will keep falling as long as Putin and his lackeys stay in power. However, if the Russian people overthrow Putin and send him to the gulag where he belongs, then Tesla prices will not increase.

See Through
Guest

Hey Elon,
Good to see you here! You seem to be desperate to oull the Europen sales into fourth quarter to meet your 4Q numbers. Sorry dude. Wish you good luck staying afloat.

GSP
Guest
GSP

ROFLOL

GSP

Alaa
Guest
Alaa

I am sure that you are not Elon Musk that is the CEO of Tesla, because he is wise enough not to utter any word that could cause a political problem.

Bonaire
Guest
Bonaire

Price already went up a couple weeks ago. from 3000 to 6000 euros depending on configuration.