Hoping to make drivers more comfortable with electric cars, Tesla Motors announced Friday that it will cover the cost of repairing the batteries on its Model S sedan in every situation other than a collision or owner tampering.
Elon Musk and the Model S
“As long as you don’t try to destroy it, it’s covered,” said Tesla CEO Elon Musk.
Musk also announced that the company would create a fleet of 100 “loaner” cars that Model S owners can drive while their own sedans are in the shop. The loaners will be the most expensive version of the Model S that Tesla makes, with the most features and best battery range. If a Model S owner likes the loaner better than his own car, he can trade in his original sedan and buy the loaner.
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The loaners will sell at a slight discount to a new Model S Performance sedan, which starts at $94,900. Loaner prices will drop 1 percent for every month of age and $1 for every mile driven. A valet will deliver the loaner to a Model S owner and pick up the car that needs repair, part of what Musk called “better than invisible” service.
Read more at: http://blog.sfgate.com/energy/2013/04/26/tesla-motors-stands-behind-its-battery-with-new-warranty/
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