Tesla has confirmed it is removing it’s most affordable Model S sedan from the range.
Starting this Sunday, the rear-wheel drive Tesla S 75 model, priced from $69,500, will no longer be available for sale.
That means the all-wheel drive, dual motor 75D will now be the cheapest Model S on the market at $74,500.
Electrek reports that orders will be taken through Sunday night, but after that the model will be removed from Tesla’s online design studio.
Rather than simply raising the entry level for the Model S, Tesla’s thinking is likely geared to the new Model 3.
The less expensive sedan, which is starting to roll out to the first pre-order customers, is now the only rear-wheel drive in the firm’s garage.
This move also creates a greater price gap between the premium Model S and the $35,000 Model 3, which is geared towards a more mainstream audience.
The company will likely be wary of crossover potentially canibalising sales.
With Model 3 delivery well underway, Elon Musk’s company is preparing to announce its next vehicle.
The company is preparing to reveal the “beast” of an all-electric semi truck on October 26.
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