Tesla is making a move to capture the attention of mainstream luxury car buyers. The newly launched Model S 70D will serve as the entry point for the Model S lineup, replacing the previous base model, the rear-wheel-drive Model S 60. As its name suggests, the Model S 70D is powered by Tesla’s dual-motor all-wheel-drive system.

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The Model S lineup now consists of the 70D, 85, 85D and P85D models. The 70D is priced slightly higher than the outgoing 60, with a price tag starting at $75,000 compared to $71,000 for the Model S 60. What that extra $4,000 gets you is more power, a longer driving range and more equipment. The 70D is has 329 horsepower on tap, which is enough power to give it a 0-60 mph time of 5.2 seconds. CEO Elon Musk suggests that the $7,500 federal tax credit, with additional credits available in certain states, actually makes this new Tesla more affordable than ever, and price-competitive with BMW’s midsize 5-series or the Mercedes E-Class when you add in savings from not buying gasoline.

Related: Elon Musk says Tesla will launch a new product line on April 30

Thanks to its larger 70 kWh battery, the Model S 70D can travel up to 240 miles. The Model S 70D comes standard with Tesla’s Supercharger network with fast-charging capability, autopilot hardware, a navigation system and blind spot detection. There are also three new colors for the Model S range: Ocean Blue, Obsidian Black, and Warm Silver.

+ Tesla Motors

Via Miami Herald

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