Key Highlights :
1. Tesla is slashing prices for its most expensive models by $10,000.
2. The dropped the prices of its Model S and Model X by reintroducing its Standard Range trims.
3. These more affordable Model S and Model X trims have their range cut by more than 20 percent compared to the existing Long Range models.
4. Tesla previously axed the Standard Range options for its flagship sedan and most expensive SUV back in 2021, limiting buyers to Long Range and performance-based .
5. While the Standard Range models are back now, they’re actually just software-limited versions of the Long Range versions, as first reported by .
6. The Model S will start at $78,490 with a Standard Range option.
7. STANDARD RANGE SHORTCOMINGS With the Standard Range Model S, the range drops down more than 20 percent from the Long Range trim to 320 miles on a full charge.
8. The more affordable Model S starts at $78,490 now and still has the same top speed of 149 mph, but its 0 to 60 mph drops down to 3.7 seconds. That’s a little slower than the Long Range trim’s 3.1 seconds.
9. It’s the same story with the Standard Range Model X.
10. Tesla dropped the pricing down to $88,490, but it will have a range of 269 miles, dropping down from the Long Range model’s 348-mile range.
11. Like the upcoming Model S, the Standard Range Model X will hold onto its top speed of 149 mph, but with a 0 to 60 mph of 4.4 seconds, as compared to the 3.8 seconds of the Long Range trim.
12. Where it gets tricky is that Tesla reps confirmed to that the Standard Range models actually have the same battery pack as the Long Range models, but are just going to be locked behind software.
13. The Model X’s Standard Range trim will start at $88,490.
14. SHIPPING SOON Tesla’s website says both the Standard Range Model S and Model X will ship out in September or October to U.S. customers.
Tesla is shaking up the electric car market by slashing the prices of its Model S and Model X trims by reintroducing its Standard Range options. These more affordable options come with a $10,000 price cut, but with a tradeoff of a reduced range of more than 20 percent compared to the existing Long Range models.
The Standard Range Model S and Model X are now available on Tesla's website for $78,490 and $88,490 respectively. While the Standard Range models have their range cut, they still have the same top speed of 149 mph. The Model S has a 0 to 60 mph drop from 3.1 seconds to 3.7 seconds, and the Model X drops from 3.8 seconds to 4.4 seconds.
Interestingly, Tesla reps have confirmed to that the Standard Range models actually have the same battery pack as the Long Range models, but are just going to be locked behind software. This means that if buyers want the extra range, they can upgrade to the Long Range trim at any time.
The Standard Range Model S and Model X will start shipping out in September or October to U.S. customers. This marks the latest in a series of price cuts from Tesla to keep their cars competitive against other automakers.
If the Model S and Model X are still too expensive, Tesla is also revamping its entry-level car with a major redesign. With the Standard Range trims, Tesla is proving that electric cars can be made more affordable and accessible to a wider range of buyers, while still offering the same top-end performance.
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