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Tesla Motors (NASDAQ:TSLA) confirms the anticipated price increase for its Model S. The...

Nov. 29, 2012 9:16 AM ETTesla, Inc. (TSLA) StockTSLABy: Clark Schultz, SA News Editor
Tesla Motors (NASDAQ:TSLA) confirms the anticipated price increase for its Model S. The automaker will list the highly-touted electric vehicle at new base price of $59.9K before federal tax credits. Though Tesla cites inflation rates in spinning the price hike, it can't hurt that the Model S just walked away with the Motor Trend 2013 Car of the Year award. TSLA +1.6% premarket.

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