These moves were not a complete surprise: On January 10th, CEO Elon Musk announced that Tesla would stop making versions of the Model S and X electric cars that had a lower price and a 75 kWh battery pack.
The lowest priced Model S will now cost $85,000 with software limiting the range of the battery to 310 miles per full charge, while the Model X will start at $88,000 with a range of 270 miles.
The higher-priced “extended range,” “performance” and “performance with ludicrous mode” versions of the cars will range from $93,000 to $137,000 and boast longer-range batteries and better performance.
Electrek first reported on the new pricing.
On January 18, Tesla laid off about 7 percent of its work force, its second restructuring in seven months. After the layoffs, the company acknowledged it cut back production of its Model S and X vehicles at its Fremont, California car plant.
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