Tesla Releasing Lower-Priced Versions Of Model S Electric Car

PALO ALTO (CBS / AP) -- Tesla says it has started selling a cheaper version of its Model S car, in an attempt to make the electric car more affordable for more people.

The new version, called the Model S 60, starts at $66,000. An all-wheel drive version of the Model S 60 will start at $71,000. Both cost less that the current Model S 90, which starts at $89,500.

The company says the Model S 60 can travel 200 miles a charge and has a top speed of 130 miles per hour.

Palo Alto-based Tesla Motors Inc. is taking orders for the new Model S 60 for delivery next month, according to its website.

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