Tesla Offers a Cheaper Model S
Tesla has lowered base performance stats to offer a cheaper Model S. Although Tesla is known for its high performance sedan, they are looking to bolster sales of the Model S through accessibility.
Interest in the Model S has waned, with the introduction of the Model 3. This has become a topic for discussion at Tesla. Tesla execs feel that lowering the price of the Model S will fill the gap between those that would rather buy a Model S and those who can afford a Model 3.
What’s Changed on the Model S?
The Model S currently has an average transaction price of more than $100,000. The new Model S 60 could cost you as little as $66,000. An all-wheel-drive version is available for $71,000.
The top tier Model S, priced at $100,000, has a range of 270mi per charge, a top speed of 155mph and can go 0-60mph in 2.8 seconds. According to Tesla, the new car will have a range of 200 miles between charges. However, a software upgrade will be made available to those that wish to increase the range of their cheaper Model S. The Model S will accelerate from zero to 60 mph in 5.5 seconds and have a top speed of 130mph. This is a sizable difference from the acceleration speed of 0-60 in 2.8 seconds, that the Tesla Model S is known for.
A New Era For Tesla
Tesla is entering a new era in which it transitions from a narrowly focused high performance company to something more along the lines of Ford. While we admire their tenacity and innovation, one can’t help but wonder what the future will bring. Will Tesla still be the favored electric car company? Will Faraday Future, or some other currently unknown company, share the mainstream market? This time period promises sharp shifts and changes in the electric car industry.