Tesla cuts prices and simplify lineup
Tesla has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted prices across its range, in a sales push that comes days after the U.S. electric vehicle maker reported record deliveries.
The company lowered the starting price of its mass-market Model 3 to $38,990.
To simplify its offerings, the automaker limited variants of its Model X crossover vehicle and Model S sedan to "long range" and the more expensive "performance." It also trimmed the price of its now entry-level long range variants. the move is aimed at reducing the complexity of production activities and increasing the assembly capacity of the Fremont factory in California.
The discontinuation of the standard-range variants means a rise in starting prices - to $84,990 for the Model X and $79,990 for the Model S, excluding potential buying incentives.
«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» Tesla said in a statement.