One of the biggest limitations of electric vehicles right now is their range. Even with long-range trims, a fully battery won’t get a vehicle more than 400 miles. Until now, at least. The EPA has rated the Model S with a 402 mile range.

Specifically speaking, the Tesla Model S Long Range Plus is now rated by the EPA for 402 miles, the first consumer electric to break the 400 mile barrier.

Why does this matter? 400 is a standard of sorts when it comes to consumer cars. The average range on a new Honda Civic, for example, is about 400 miles from a full tank of gas. This means that electrics are starting to get yet another hand up on combustion vehicles, leaving the cost difference to be one of the only real conflicts. You can get a Honda Civic for about $20,000, while the Model S Long Range Plus costs around $75,000.

Granted, that extra price goes toward more than just being an electric. The Model S Long Range Plus has incredible acceleration, going from 0 to 60 in only 3.7 seconds. It also has a top speed of 155 mph.

This is an impressive improvement over the years. When the model S was first released in 2012, it only had a range of 265 miles, nearly half of what it is now. Part of this can be attributed to improvements on the battery technology, another part can be attributed to improvements to the body shape and makeup, using more efficient metals and more aerodynamic designs to reduce drag. This doesn't pay any credit to the heaps of improvements made on the vehicles software, either.

If they can manage to reduce prices, the Model S could easily become a household favorite, akin to the Honda Accord. But we aren’t expecting a $50k price cut any time soon.