It’s getting a little cheaper to own a luxury model Tesla. While the long-promised base version of the Model 3 grabbed headlines Thursday, the company followed up by slashing prices on its high-end Model S and Model X vehicles. The total price cut will depend on the features customers choose, but each vehicle will cost $12,000 to $18,000 less than they did last month, not including potential tax incentives and rewards.
The base version of the Model S will now start at $79,000. The car can travel 270-miles on a single charge. There are upgrade options that will cost more money, but give the vehicle more range.
The most bare bones version of the Model X is the long-range version, which starts at $88,000. The sporty vehicle has bat-wing doors and can travel 295 miles before it needs another charge.
Tesla’s new Model 3 will start at $35,000.
Model 3s now available
Standard Range: 220mi, $35k
Standard Range Plus: 240mi, $37k
Mid Range: 264mi, $40k
Long Range: 325mi, $43k
Long Range AWD: 310mi, $47k
Performance AWD: 310mi, $58k, 0-60 mph in 3.2s!
Https://t.co/RNnGdonjSr(prices before incentives)
— Tesla (@Tesla) March 1, 2019
In a memo to employees, Musk said that 78% of all Model 3 orders last year were placed online. Of those customers, 82% never even took the car for a test drive in a showroom.
“Customers are becoming increasingly comfortable making purchases online, and that is especially true for Tesla — which is a testament to the products we make,” Musk wrote in the memo.