Tesla Drops Standard Range Option for Model S and Model X, Raising Base Prices
There's both good and bad news if you're planning to buy a Tesla in the near future. The good news is, the Model X and Model S you buy will travel further between charges, but the bad news is, that's only because Tesla has dropped the Standard Range option from its line-up.
Until now, the cheapest Model S cost $75,000, while the cheapest Model X was $81,000. As Reuters reports, with the Standard Range option gone, the Long Range becomes the entry level option on both vehicles. Even with an also-announced price cut, the Model S now costs $79,990 and the Model X $84,990.
As to why this change has been implemented, Tesla explained, "To make purchasing our vehicles even simpler, we are standardizing our global vehicle lineup and streamlining the number of trim packages offered for Model S, Model X and Model 3 ... We are also adjusting our pricing in order to continue to improve affordability for customers."
The price adjustments extend to the Model 3, which now costs $38,990.
You may remember back in March the Standard Range Model S quietly disappeared from Tesla's website. It seems today's news is just confirmation that the Standard Range option is definitely gone, and gone forever.
With the changes in place, the Model S is now available in just two configurations: Long Range and Performance. Long Range gets you a car with a 370 mile range, 155mph top speed, and 0-60 time of 3.7 seconds. The Performance option drops the range to 345 miles, but increases the top speed to 163mph and the 0-60 time falls to just 2.4 seconds. It does cost $99,990, though.
The same is true for the Model X, with its Long Range model offering a 325 mile range, 155mph top speed, and 4.4 second 0-60 time. The Performance option drops the range to 305 miles, ups the top speed to 163mph, and the 0-60 time falls to just 2.7 seconds. It costs $104,990.