Tesla drops least expensive Model X, S variants, cuts costs to simplify lineup

Tesla Inc has dropped the standard-range variants of its Model X and Model S from its product lineup and adjusted costs over its range, in a sales push that comes days after the U.S. electric vehicle creator revealed record deliveries.

To simplify its offerings, the automaker on Tuesday restricted variants of its Model X sport-utility vehicle and Model S car to “Long Range” and the more costly “Performance”. It likewise cut the cost of its now entry-level Long Range variants.

The discontinuation of the standard-range variants, in any case, implies an ascent in beginning costs – to $84,990 for the Model X and $79,990 for the Model S, excluding potential purchasing incentives.

Tesla likewise lowered the beginning cost of its mass-market Model 3 to $38,990.

“To make purchasing our vehicles even simpler, we are standardizing our global vehicle lineup and streamlining the number of trim packages offered for Model S, Model X and Model 3,” Tesla said in a statement.

“We are also adjusting our pricing in order to continue to improve affordability for customers.”

Recently, Tesla said global deliveries of its three models in the second quarter of this current year rose 51% from the past quarter to a record 95,200 vehicles. The Model 3 accounted for about 80% of the aggregate, underscoring the vehicle’s role as the linchpin of Tesla’s development procedure.

The automaker said it anticipated that production and deliveries should keep developing in Q3.

In China, the world’s biggest market for electric vehicles, Tesla’s changes on Tuesday pushed the beginning cost of its Model X to 790,900 yuan ($115,068) and Model S to 776,900 yuan.

Tesla is building a factory in Shanghai where it at first intends to build Model 3 cars. It is taking orders for those China-made versions, which have a beginning cost of 328,000 yuan.