Tesla drops cheaper Model X, S variants, slashes prices to simplify lineups


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Tesla drops cheaper Model X, S variants, slashes prices to simplify lineups

On Tuesday, the 16th of July 2019, the California-based electric vehicle maker, headquartered in Palo Alto, had issued a statement saying that it had adjusted prices across almost all of its models and slashed standard-range variants of Model S and Model X from its product lineup, as a strong sales push that revealed itself after a few days the billionaire entrepreneur Elon Musk’s Tesla Inc.

had reported record number of deliveries. In order to simplify the offerings, the US-based e-vehicle maker had curbed variants of its Model X alongside Model S sedan. Aside from that, Tesla Inc. had also slashed the price of is entry-level long-Range variants.

Nonetheless, a discontinuation of its standard-range vehicles had resulted in a rise of its starting prices to $84,990 for Model X and $79,990 for Model S, excluding all potential incentives.

Aside from that, Tesla Inc. had also trimmed starting price of its Model 3 to $38,990. Adding that Tuesday’s (July 16th) price adjustment was aimed at improving affordability of the customers, Tesla Inc. said in its statement, “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”.