Elon Musk said Tesla is retiring the cheapest types of Model S and X, and there’s a deadline to get one


Elon Musk

Tesla is retiring the cheapest versions of its Model S and X cars, Elon Musk said, and set a deadline for last-minute orders.
In a tweet on Wednesday, Musk said the cars with a 75 KWh battery (called the 75D,) will be pulled from Monday.
The 75 kWh versions, Tesla’s cheapest, are substantially less expensive than the next up in the range, the 100 kWh.
According to current prices, the cheapest Model X will now cost $87,950, up from $72,950.
The cheapest Model S will now cost $84,750, up from $66,750.

Tesla is retiring the cheapest versions of the Model S and X, Elon Musk said, and announced a final deadline for fans to order one.

Musk said he will stop taking orders for the 75kWh (called the 75D) versions of the S and X, which he said will only be available with the more expensive 100 kWh (100D) batteries from Monday.

In a tweet on Wednesday he said: “Starting on Monday, Tesla will no longer be taking orders for the 75 kWh version of the Model S & X. If you’d like that version, please order by Sunday night.”

If the current prices for the larger-capacity models says the same, this will increase the minimum price by around $15,000 for the Model X, and $18,000 for the Model S.

For the Model X:

The cheapest version will become the $87,950 100D. This is $15,000 more expensive than the 75D, which costs $72,950.

For the Model S:

The cheapest version will be the $84,750 100D. This is $18,200 more expensive than the 75D, which costs $66,750.

Increasing the battery capacity from 75 kWh to 100 kWh will give the Model S and extra 89 miles of range, and the Model X an extra 92, according to Tesla’s figures.

Read more: I’ve driven every Tesla model you can buy. Here are my favorite features.

The decision to remove the 75 kWh versions seems to be because Tesla wants to move away from defining their cars by the size of their batteries.

When asked by a Twitter user under the post: “Are you moving away from battery sizing in a similar sense to how Model 3s are sold ie Long Range, Performance etc?” Musk replied: “Yes.”

In September, Musk culled two of the seven color choices Tesla’s offered to simplify manufacturing: the Obsidian Black Metallic and Silver Metallic options were retired.

The other Tesla vehicle available, the highly successful Model 3, is cheaper. Versions start from $35,000 according to Tesla’s website.

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Source:: Business Insider

      

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