Tesla announces price of Model S

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Tesla Motors, a United States-based automaker, has announced the price of its Model S for the European market.

The vehicle is to arrive at European dealerships halfway through 2013, priced from €72,600. The first 500 Model S feature a luxurious Signature package, and are priced at €101,400, and the range-topping S Signature Performance model is priced at €110,950.

The model S sedan will be initially produced in Belgium and will be left-hand drive. The automaker will start production of right-hand drive models in around a year.

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