Tesla introduces more affordable Model S and Model X options with reduced range

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【Summary】Tesla has introduced more affordable "Standard Range" variants of its Model S and Model X vehicles, with prices starting at $78,490 and $88,490 respectively. These models have shorter ranges compared to the base versions, but are $10,000 cheaper. It is uncertain if these variants have different battery packs or if the ranges are software-limited.

FutureCar Staff Aug 22, 2023 10:13 AM PT

Tesla introduces more affordable Model S and Model X options with reduced range

Tesla has introduced new, more affordable versions of its Model S and Model X vehicles. These new offerings, called "Standard Range" variants, are expected to be delivered in the US from September to October this year. The Model S Standard Range is priced at $78,490, while the standard Model X is listed at $88,490. It's important to note that these prices do not include any potential savings from EV tax credits applicable to the buyer's location.

Compared to the base models, both the Model S and Model X Standard Range vehicles are $10,000 cheaper. However, they do come with shorter ranges. The Model S Standard Range has a range of 320 miles, whereas the base variant can travel over 80 miles further with its 405-mile range. Additionally, the new Model S takes 3.7 seconds to accelerate from zero to 60 mph, while the base version achieves the same speed in 3.1 seconds. Similarly, the Model X Standard Range has a range of 269 miles, shorter than the base variant's 348 miles. The new Model X also takes 4.4 seconds to reach 60 mph, compared to the base version's 3.8 seconds.

It remains unclear whether Tesla is producing new battery packs specifically for these Standard Range vehicles or if it's simply software-locking the packs of its EVs with longer ranges. If it's the latter, there's a possibility that Tesla may offer customers the option to unlock longer ranges in the future for an additional cost. The Standard Range EVs are currently available in Pearl White with an all-black interior, along with standard wheels and steering wheel. Buyers can choose to pay extra for different colors, customizations, and Tesla's Enhanced Autopilot ($6,000) and Full Self-Driving Capability ($15,000) features.

For existing Tesla customers, there is an opportunity to transfer their Full Self-Driving capability to a newly purchased vehicle for free. However, this offer is only valid if they take delivery of the new EV between July 20th and September 30th, 2023. If buyers of the new Standard Range vehicles receive their cars after September, they should be aware that they may need to pay for Full Self-Driving again, even if they already have it in their current Tesla EV.