Cheaper Lower Range Tesla Model S And X Go On Sale

Tesla has been pushing the boundaries of price cutting for over 6 months with cars like the Model 3 and Y. Now the world’s biggest-selling EV brand has rolled out cheaper but lower-range versions of its electric Model S sedan and Model X SUV.

So what we have now is a new “standard range” Model S that goes for $78,490 and has up to 320 miles of range—compared to about 400 miles for the more expensive variants. The “standard range” Model X goes for $88,490 and has up to 269 miles of range (compared to about 350).

Those prices are about $10,000 cheaper than what used to be the entry-level variants — but the vehicles still won’t qualify for federal EV tax credits. The price cuts are seen as an effort to revive sales of both models, which have been suffering in comparison to the hot-selling Model 3 and Model Y.

Tesla and other automakers are increasingly entangled in an EV price war—initially instigated by Tesla—as they seek to carve out market share. Ford, for instance, recently slashed the price of its popular F-150 Lightning electric pickup by nearly $10,000.

OUR THOUGHTS

New electric vehicle prices have fallen by around 20% overall in the past year as a growing list of carmakers are lowering prices or offering rebates or cash incentives to try to increase sales. The latest statistics reveal that dealerships are becoming oversupplied with EVs—a twist following a prolonged period when the availability of EVs was limited. As the market shifts, we can expect lower prices for consumers. Increased competition in the EV world is good news for consumers looking to save a buck — but new electrics remain expensive for many punters.

More Articles for You

Number of Convertibles Drops By Half Since 2000

We all know the legendary Mazda MX-5. That’s the car that sparked the roadster boom in the early 90s, leading …

The Little Car That Could: MINI Conquers The U.S.

Small cars like the MINI have always been a tough sell in the United States, where they’re typically seen as …

BYD Celebrates Production Of 13 millionth New Energy Vehicle

BYD, the world’s leading new energy vehicle (NEV) manufacturer, has officially become the first car manufacturer globally to reach the …

Only In The UK: Unexceptional Festival Selects Skoda Favorit As Winner 

The 11th Hagerty Festival of the Unexceptional took place at Grimsthorpe Castle on Saturday, once again attracting thousands of guests …

New Subaru Forester Debuts In Indonesia With Malaysia Launch Expected Soon

It’s been a while coming, but the all-new 6th generation Subaru Forester has just debuted at the current 2025 Gaikindo …

Porsche Awarded Most Appealing Brand In U.S. By J.D. Power

It’s a big year for Porsche in America. The German brand has just been ranked number one in the premium …