Tesla Makes Substantial Price Reductions on Model S and Model X, Eliminates Standard Range Trim

Tesla has removed the Standard Range variants of the Model S and Model X from its website just two weeks after introducing them. The Model S Standard Range started at $78,490 with a range of 320 miles, while the Model X Standard Range began at $88,490 with a range of 269 miles. Now, both variants are gone from the configurator.

However, Tesla has also significantly lowered the prices of the remaining trim levels, making the Standard Range versions redundant. The dual-motor all-wheel-drive Model S now starts at $74,990 in the US, and the base Model X is priced at $79,990. The tri-motor all-wheel-drive Plaid variants for both models start at $89,990.

Here are the updated prices for the Model S and Model X:

Tesla Model S prices:

  • Dual-Motor All-Wheel Drive: $74,990 (previously $88,490)
  • Tri-Motor All-Wheel Drive Plaid: $89,990 (previously $108,490)

Tesla Model X prices:

  • Dual-Motor All-Wheel Drive: $79,990 (previously $98,490)
  • Tri-Motor All-Wheel Drive Plaid: $89,990 (previously $108,490)

The base Model S now has an EPA-estimated range of 405 miles, while the Plaid variant offers 396 miles. The entry-level Model X has an EPA-estimated range of 348 miles, and the Model X Plaid can travel up to 333 miles on a full charge.

When initially introduced, the Standard Range versions were software-locked to offer fewer miles of range compared to the Long Range variants but had the same battery pack.

This pricing change coincides with other updates made by Tesla, including the launch of the revamped Model 3 (Project Highland), making all color choices for the Model S and Model X cost-free options, and reducing the price of the Full Self-Driving suite to $12,000 from $15,000.

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