It was only a matter of time before Tesla initiated a new series of updates to its design studio
Early Monday morning, Reuters reported that Tesla updated its online design studio. With that update comes a less expensive Model 3, and more expensive Model S and Model X vehicles. This is because the automaker discontinued its lowest-priced S and X vehicles.
The Reuters report was a bit confusing at first, but only due to the fact that Tesla includes “potential savings” in its initial pricing. Fortunately, the actual purchase price of the vehicles is shown as well, so the publication updated its article with more clear information. According to Reuters’ early report:
“The starting price for the Model 3 will be $30,315, down from $32,225, that for the Model X will rise to $75,315 from $71,325, and the Model S will change to $70,115, up from $65,125, according to the company’s website.”
Later this morning, in clarification, Reuters shared:
“The discontinuation of the standard-range variants, however, means a rise in starting prices – to $84,990 for the Model X and $79,990 for the Model S, excluding potential buying incentives.
Tesla also lowered the starting price of its mass-market Model 3 to $38,990.”
Tesla said the changes were another attempt to make the purchasing process easier and to streamline the number of trim levels. The goal is to standardize its global vehicle lineup and “improve affordability for customers.”