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.

Related News:

Most liked

Rohit, Bumrah in ICC's WC XI, no place for Kohli
New Zealand also ended at the same score but for the loss of one wicket, paving the way for an English victory on boundary count. Bumrah picked up 18 wickets in the tournament and became the second-fastest Indian bowler to complete 100 wickets in ODIs.

Jeffrey Epstein Bail Decision Delayed, More Accusers Coming Forward
The other victim, Courtney Wild, told Berman she was sexually abused by Epstein when she was 14 years old in Palm Beach. They say the passport expired more than 30 years ago and that prosecutors offered no evidence that Epstein ever used it.

Facebook's Libra could be misused, says treasury chief Mnuchin
Facebook would make it easy for users of its digital wallet Calibra to move its financial data to another digital wallet, he said. The Justice Department and the Federal Trade Commission are pursuing antitrust investigations of the four major companies.

Tringale, Landry tied for John Deere lead after 54 holes
Rookie Collin Morikawa (66), the runner-up last week in Minnesota, and Chris Stroud (67) followed at 17 under. I'd obviously won on The European Tour, but my exemption was running out at the end of this year", he said.

Waze will now show toll prices
You might get announced that you are approaching a toll or that one exists on the road, but none of them tells the price. As of today, Canadian and American drivers can see if they need to pay any toll along their route and how much it is.

Harry Styles in talks to play Prince Eric in ‘Little Mermaid’ remake
It was previously announced that in the lead role of Ariel , originally voiced by Jodi Benson, will be singer Halle Bailey .

Planned Parenthood chief Leana Wen ousted in 'secret meeting'
Planned Parenthood Federation of America has appointed Alexis McGill Johnson as the organization's acting chief executive officer. In an interview with the Guardian in November, Wen warned the women's health was in a "state of emergency".

China media hints at sanctioning U.S. defense firms over Taiwan
It added that the company "has no input into these agreements and has had no direct dealings with Taiwan". China said on Friday it would endorse USA organizations offering weapons to Taiwan yet did not intricate.

Neymar Reaffirms Preference To Leave Paris Saint-Germain
However, PSG are keen to make a profit on the Brazilian, who they signed for £198m in summer 2017. Barcelona are among the clubs to have been linked with a move for the 27-year-old.

Music legend Johnny Clegg dies
He is best known for music he recorded with his bands Juluka and Savuka and was affectionately known as The White Zulu. In 2012 Clegg received the presidential Order of Ikhamanga as well as a number of honorary doctorates and awards.

Death toll in Nepal floods rises to 55, thousands displaced
The downpours have eased but authorities still fear the death toll could rise, according to police spokesman Bishwaraj Pokharel. Floods and landslides caused by heavy downpours wreaked havoc in the region, killing at least 100 people in a week.

Juventus to be renamed in Federation Internationale de Football Association 20 as PES nabs exclusivity rights
Stay tuned for more details whilst we get some clarity as to exactly how exclusive this Juventus exclusivity deal actually is. They will still be called Juventus in Federation Internationale de Football Association 19.

Empty Promises? Ursula Von Der Leyen Would Support Brexit Extension
Officials in the von der Leyen camp acknowledge that the vote will be a cliffhanger but say that she will scrape by. Ms Von der Leyen is now the European Council's proposed candidate for President of the European Commission .

Did Meghan Markle Address Her and Prince Harry's Haters?
Fans of both female superstars went wild on social media and took to Twitter to share their excitement of this epic meeting. What do you think about the criticism against Meghan? "'MY PRINCESS'. from Beyonce's mouth I CAN NOT BREATH", said a third.

Space Jam 2 Has Had A Director Shakeup
Deadline reports that the sequel to the 1990s most inexplicably beloved children's film now has a new director, with Malcolm D. Nance created the HBO TV series Random Acts of Flyness and directed the indie pic The Oversimplification of Her Beauty .