Tesla Motors will officially move into the realm of affordability for thousands of drivers later this year when the Model 3 hits public roads.
However, in the meantime, the company is also taking steps to entice drivers for whom the Model S is currently only just out of reach.
The company is knocking around 10% off Model S 75 model with a hefty $7,500 discount, making it the cheapest model in the range, now the 60kWh motor has been discontinued. It’s now $69,500 (around £55K).
The firm is also offering upgrades for Model S 60 drivers, enabling them to get 75 kWh battery pack for just $2,000.
However, it’s not all good news, the firm is bumping up the price of the top end 100D and P100D models.
Related: Model 3 – What you need to know
In a statement released to Electrek, the company wrote: “
“Today’s updates include slight price decreases to our 75, 75D and 90D models to account for the discontinuation of our 60 kWh models, and next week we will be implementing slight price increases to our higher end 100D and P100D models. We expect our total average selling price to remain almost exactly the same.”
The news comes as Tesla prepares to announce the next stage of its automotive takeover.
Last week Elon Musk announced it will reveal its Semi truck in September, while their are plans to show off the pick-up truck within the next 2-years.
Will your next car be an EV? Share your thoughts in the comments section below.
Editorial independence
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
Professional conduct
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.
Editorial independence
Editorial independence means being able to give an unbiased verdict about a product or company, with the avoidance of conflicts of interest. To ensure this is possible, every member of the editorial staff follows a clear code of conduct.
Professional conduct
We also expect our journalists to follow clear ethical standards in their work. Our staff members must strive for honesty and accuracy in everything they do. We follow the IPSO Editors’ code of practice to underpin these standards.
