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The new Tesla Model S 70D's key fob resembles a toy car.
The new Tesla Model S 70D’s key fob resembles a toy car.
PUBLISHED: | UPDATED:
Getting your player ready...

DETROIT — Electric-car maker Tesla Motors is going after mainstream luxury car buyers by adding all-wheel-drive and more range and power to the base version of its only model.

But the added features at the low end of the Model S lineup will come with about a 7 percent price increase, to $75,000, for buyers. The base price to lease will rise to $838 per month, from $796, for 12,000 miles per year.

As of Wednesday, Tesla will stop selling the old base Model S, called the 60. The $70,000 rear-drive car with a 380-horsepower motor could go 208 miles on a single charge and from zero to 60 mph in 5.9 seconds.

The new all-wheel-drive model, called the 70D, can go a government-certified 240 miles per charge, has 514 horsepower and can go from zero to 60 in 5.2 seconds. Buyers also get free access to Tesla’s network of quick-charging stations and some other standard features.

CEO Elon Musk says the price, with a $7,500 federal tax credit, goes to $67,500, plus tax credits in some states.

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