Tesla Drops Price on Model S 75 Now That it's the Base Version
Model S 60 was discontinued on April 16
Tesla stopped accepting orders on the Model S 60 yesterday, which means the new base version of the sedan comes standard with a stronger 75-kilowatt-hour battery. To keep starting prices low for the sedan lineup, Tesla is now asking $7,500 less for the Model S 75 than it did before it became the base model.
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As reported byElectrek, the Model S now starts at $69,500, just $1,500 more than the previous base model with the 60-kWh battery. For this extra money, base-model buyers upgrade from 210 miles to 249 miles of range, as estimated by the EPA. For all-wheel-drive models, the standard range moves from 218 miles to 259 miles.
As part of the pricing changes, Tesla buyers get a few new standard features. An automatic rear power liftgate is now standard, as is the all-glass roof that was previously an extra $1,500. However, the smart air suspension is no longer an option on the 75-kWh model.
Those who already bought the 60-kWh version may be feeling some envy toward buyers of the new base model. But luckily for these customers, the price of upgrading from a 60-kWh battery to a 75-kWh battery has dropped $7,000 to just $2,000. With this change, 60-kWh owners still end up saving some money compared to the new 75-kWh price.
A Tesla spokesperson confirmed the updates in a statement toMotor Trend. "Periodically we have adjusted pricing and available options to best reflect the value of our products and our customers' preferences," Tesla says. "Today's updates include slight price decreases to our 75, 75D, and 90D models to account for the discontinuation of our 60-kWh models."
The automaker also warned of small price increases for the 100D and P100D models starting next week. "Price increases for our 100D and P100D models will take effect on April 24, 2017 to best accommodate customers already in the order process, while price decreases for 75, 75D, and 90D models will take effect today," Tesla said in the statement.
Tesla discontinued its 60-kWh battery due to an apparent lack of demand. Because most customers ended up ordering the equivalent to a 75-kWh model, the company made the decision to cut the 60-kWh version and thereby simplify the ordering process.
PreviousTesla Model S60 pictured below.
Source: Electrek
When I tell people I write about cars, the most common reply I receive is “Really?” I guess I never strike people as a car type as I drive down the freeway in the right lane going 60 mph in my old SUV. My gripes about driving in city traffic and fast drivers don’t help my case, either. For a time, the only cars I liked were old cars. Not old as in "classic" or "vintage," but as in well-worn. My first appreciation of cars came when I drove a very old Ford pickup. It wasn't perfect: I used a booster seat to reach the gas pedal, and the turn signal once fell off in my hand as I was learning to drive. But the thing I valued most was the memories. It took several years for me to truly become a "car person." Being a long-time writer and an avid reader has helped me develop a healthy curiosity and a desire to know how things work. This has made cars one of the most fascinating points of study for me because they are such intricate machines. I am interested in how cars can reach 200 mph, how they can run on hydrogen, and how they can drive and park on their own. I also enjoy learning how cars can solve problems whether it be in the form of reducing pollution, minimizing traffic, or helping people stay connected on the road. Yes, maybe I’m not a gearhead. Perhaps I’m a car nerd. Either way, I very much enjoy writing about cars and helping people stay in tune with the automotive industry. I wouldn't want to be writing about anything else. And don’t get me wrong: I know how to drool over a hot car. I am fascinated by the Tesla Model S, awed by the Lamborghini Veneno, and am hopelessly obsessed with the Audi R8.
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