Tesla Motors Inc. said on Thursday it would offer two less-costly versions of its electric Model S sedan, starting at $66,000 in the U.S. market.
The current Model S starts around $76,000 and is often delivered to customers at a price of about $100,000.
Prices are before tax incentives are applied.
The new versions, the Model S 60 and the Model S 60D, will have slightly less range and a smaller battery pack than the Model S.
The S 60 and S60D battery pack provides 60 kilowatt-hours, compared with the S's 75 KWh.
The newer models will have a range of more than 200 miles, Tesla said in a statement.
(Reporting by Bernie Woodall; Editing by Lisa Von Ahn)
This story originally appeared on Reuters