Tesla Motors (TSLA) rises 1.1% after announcing pricing for its much-anticipated Model S sedan:...

|About: Tesla Motors (TSLA)|By:, SA News Editor

Tesla Motors (TSLA) rises 1.1% after announcing pricing for its much-anticipated Model S sedan: the least costly version will sell for just under $50K, after accounting for a $7,500 tax credit, while more costly models will sell in the $60K-$70K range. The Model S, whose initial production run has sold out, will go on sale next summer.