After announcing that all their Europe-bound Model S sedans would be manufactured and distributed from The Netherlands, Tesla has now released the official pricing information for the car – in euros. One thing needs to be mentioned first, though, and that is the fact that they have revealed that they will only be selling the higher end versions of the car first, in order to turn a profit.

This means only cars with the top two battery packs (60- and 85-kWh) will be available. Now, they have announced the base price for the cheapest car they will offer on the Old Continent, and it is €71,400, or $94,370. That makes it exactly $26,970 more expensive than it is in the US.

Next up is the Signature Performance model, which gets the larger 85 kWh battery pack, as well as extra power from the electric motors. In Europe, it will set you back €109,150, or $144,680, which makes it $39,280 more expensive than the US version.

The price difference is justified through the high regional VAT (Value-Added Tax), as well as the numerous local laws, rules and regulations and the shipping costs. However, the actual value will go down, once all the local tax rebates are taken into account, yet it will still be quite expensive and still very much a niche product.

By Andrei Nedelea