The Tesla Model S will cost from £49,900 when first UK deliveries begin in March 2014.

The starting price is for a 60 kWh model after the government’s £5,000 grant has been deducted.

The 85 kWh model will cost £57,300, while the 85 kWh Performance model will be priced from £68,700.

Tesla’s five-door saloon has an officially stated range of 310 miles on one charge, and the company is working on establishing a ‘supercharger’ network in the UK.

The announcement came as the company opened its first Tesla store in London’s Westfield Shopping Centre in White City.