Chief Executive Officer Elon Musk said Tesla Motors Inc. is offering a “Ludicrous Mode” option on its Model S sedan for drivers who think “insane” is too tame, as well as cheaper and longer-range versions.
Musk said the Model S battery can be upgraded to a 90 kilowatt-hour version from the 85 kWh version for $3,000, a move that provides as much as 15 miles of additional range. A new base model with rear-wheel drive will be available for about $70,000, compared with the $75,000 all-wheel-drive version.
