Tesla drops Model X and S variants and cuts prices

Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup

To simplify its offerings, the automaker on Tuesday restricted variants of its Model X sport-utility vehicle and Model S auto to "Long Range" and the more costly "Performance". Now, with the latest update to its online order guide on Monday night, Tesla has dropped the Standard Range models again.

In the case of the Model 3, just three trims would now be offered: the Standard Plus; the Long Range; and the Performance.

The company also removed two vehicles from its U.S. product lineup and adjusted the prices of other vehicles in the lineup, according to Reuters. The top-of-the-range Model X now begins at $75,315, rather than $71,325, while the Model S rises to $70,115 from $65,125. No word on any changes to the Model Y pricing yet. More significantly, it represents a $5,010 price cut for the remaining Long Range model, from $86,200 to $81,190.

Consequently, the Standard Range options are no longer available for both the Model S and the Model X. In turn, entry-level variants for both the Model S and the Model X are now a bit pricier than before.

The "Performance" versions of the two vehicles have also become more expensive, for the simple reason that the "Ludicrous Mode" option for maximum acceleration is now activated ex works.

Tesla Inc. cut the starting price of the Model 3 sedan in the US weeks after a federal tax credit shrank in half, renewing concern over whether the electric-car maker can sustain sales with less support from incentives. Tesla's "full self-driving computer" is included on every vehicle, but activating it is a $6000 option when ordered today and "likely to increase over time" if you buy after delivery.


Earlier this month, Tesla reported a 51-percent increase in sales over the previous quarter.

The automaker said it expected production and deliveries to continue growing in the third quarter.

Musk was then asked whether the prices for Tesla models would go up as self-driving cars would be in high demand; Musk answered in the affirmative.

Tesla is building a factory in Shanghai where it initially plans to build Model 3 cars.

In China, the world's biggest market for electric vehicles, Tesla's changes on Tuesday pushed the beginning cost of its Model X to 790,900 yuan ($115,068) and Model S to 776,900 yuan. In short, Tesla this year made things unnecessarily complex for prospective Tesla buyers.

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