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Tesla launches cheaper Model X and Model S options with less range

Tesla has new, lower price options for shoppers who need less range. The automaker revived the “standard range” trim

Tesla launches cheaper Model X and Model S options with less range

has new, lower options for shoppers need less range. The automaker revived the “standard range” trim level on its two most expensive models, which cuts $10,000 the price and around 80 miles from the EV range.

With new , the Model is available with a starting price of $78,490 with a 320 mile range, while the Model X starts at $88,490 with 269 miles of range. For the Model S, that's from $88,490 with 405 miles of range, and for the Model X, it's down from $98,490 and 348 miles of range.

This trim option was previously discontinued in 2021 when Tesla started only selling the extended range and high performance Plaid kits.

According to the Model S and Model X product pages, the new Standard Range trim weighs the same amount as the extended range option. This likely means the vehicles sport the same pack and the range is limited by a software . Tesla might allow owners to additional range after the purchase for the difference in price.

This is the latest in a series of worldwide price adjustments made by Tesla over the last 12 months leading to a decline in gross margins. The automaker the price of the Model Y and Model 3 several times over the past year. The higher-end Model S and Model X say price reductions, too. This latest is different from previous adjustments in that it's the first Tesla cut the price and the range to offer vehicles at a lower price point.

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Matt Burns

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