Tesla will stop offering cheapest Model S and X cars, tweets CEO Musk


Tesla Inc. will soon stop selling its cheapest Model S and X vehicles, according to a tweet sent late Wednesday by Chief Executive Officer Elon Musk. “Starting on Monday, Tesla will no longer be taking orders for the 75 kWh version of the Model S & X. If you’d like that version, please order by Sunday night…” said Musk. That means that as of next week, buyers will have to move up to a 100 kWh battery at a cost of $96,000, versus the $76,000 75 kWh model. For the X, the cheapest car will cost $97,000 with a 100 kWh battery, versus the $82,000 75 kWh version. Responding to comments on Twitter, Musk said the Model S and X autos are “def not” being phased out over the next two years. Another commenter on Twitter asked if Tesla was moving away from battery sizing towards better options towards how the Model S versions are sold, with “long range” and “performance” options. Musk responded “Yes,” on Twitter.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.





Source link

Some local news is curated - Original might have been posted at a different date/ time! Click the source link for details.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Send this to a friend