Key Highlights :
Tesla's Model S and Model X cars are now available at a lower price, but it comes at the expense of range. As noticed by Electrek, Tesla's U.S. website now has "Standard Range" variants of both the Model S and the Model X on offer. Both versions reduce the price of the regular variant by $10,000, bringing the price to $78,490 for the Model S, and $88,490 for the Model X.
The "Standard Range" models are also a bit slower than the regular variant, though the top speed stays the same. There appear to be no other changes on the "Standard Range" versions of the Model S and Model X, and they also come with a base, Pearl White color and all black interior, while other options cost extra. The "Standard Range" variants are also available in Canada, but we've found no trace of them in Tesla's other markets.
The lower-priced Model S and Model X cars offer a great value for those looking to purchase a Tesla without breaking the bank. With the reduced price comes a reduction in range, however. The Standard Range Model S has a range of 320 miles, down from 405 miles on the standard variant, and the Standard Range Model X has a range of 269 miles, down from 348 miles on the standard variant.
It's unclear whether these vehicles come with a physically smaller battery or they're essentially the same as the standard variants, only with range and speed software-locked by Tesla. If it's the latter, Tesla could possibly offer buyers the ability to purchase more range and speed at a later date (likely at a higher price than $10,000).
Overall, the lower-priced Model S and Model X cars offer a great value for those looking to purchase a Tesla without breaking the bank. The reduced range may be a deal-breaker for some, but that is the trade-off for the lower price. For those who don't need the extra range, the lower-priced models are a great option.