Tesla continues to improve its product line, trying to conquer its two big hurdles: range anxiety and sticker shock. The company is ditching its Model S 60 in favor of the new Model S 70D, which will have an extended range of 240 miles per charge. That won’t yet win over fans of hitting the open road, as the saying goes, but commuters looking for a bucolic home life far from the urban grind may find their longer commute less worrisome.
That commute better be to a well-paying job though. The “cheapest Tesla” of the headline, the new Model S, will start at $75,000–$5,000 more than the Model S 60 it replaces. Tesla drivers save money on gas too, of course. But at $75,000, that’s an expensive ride any way you power it up. (The Tesla site lists the 70D at $57,500, but that’s factoring in incentives and gas savings.) The Tesla is also very, very fast, going from 0-60 in just over 3 seconds. So if you consider the old adage that “time is money,” the savings really start not to add up!