Tesla cuts least expensive Model S price to $69K


Tesla cuts least expensive Model S price to $69K

Tweaks in pricing is quite normal for auto makers like Tesla.

The inclusion of the glass roof seems like another effort to streamline Tesla's product line, since the Model 3 is also supposed to come standard with an all-glass roof.

To this point, Elon Musk took to Twitter this past January and said Tesla models will undergo substantial revisions every 12 to 18 months.

If you've been waiting to buy a Tesla, now may be the time.

As a prime illustration of Tesla's ever-changing Model S lineup, the company this past summer re-introduced the Model S 60 (with a starting price of $66,000) and the Model S 60D as a means to offer prospective buyers a more affordable pricepoint.

Just as Tesla (NASDAQ: TSLA) is discontinuing the 60-kilowatt-hour variant of its Model S, which was its cheapest and lowest-range version of the all-electric vehicle, the automaker is significantly lowering the price of the Model S version with a 75 kWh battery. The 75-kWh auto remains the only Model S to offer rear-wheel drive. Tesla kicked things off by discontinuing its 60kWh Model S, which saw its last day of availability yesterday.

A Tesla spokesperson confirmed the updates in a statement to AUTOMOBILE. The flagship and longest-range 100D and P100D models are getting more expensive: the 100D is bumping up by $5,000 and $1,000 for Model S and X respectively, while the P100D price is rising by $5,500 for Model S and $9,500 for Model X. All 100 cars keeps the adjustable air suspension as standard equipment, and the price increases will go into effect on April 24th. We expect our total average selling price to remain nearly exactly the same. The most dramatic price increase, on the other hand, is on the Model X P100D, which is going from $135,500 to $145,000.

If these new price drops entice you to order a Model S, you can use our referral code to save another $1,000 - bringing the base price of the Model S to $68,500.

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