Tesla has heavily discounted two of its high-end vehicles.
The electric car maker now sells long-range versions of the Model S sedan for $83,000, down from $96,000, and the Model X crossover SUV for $88,000, also down from $96,000.
It comes after Tesla on Thursday released the long-awaited base version of the Model 3, which starts at $35,000.
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Tesla has discounted two of its high-end vehicles. The firm now sells the Model S (pictured) for $83,000, down from $96,000, and the Model X for $88,000, also down from $96,000
In addition to slashing the long-range versions, the Model S Performance version now costs $99,000, compared to $112,000.
The Performance version of the Model X is now priced at $104,000 vs. a previous cost of $117,000.
Finally, Ludicrous Mode on the Model S and Model X costs $114,000 and $119,000, respectively.
Performance version enables Teslas to accelerate from 0-to-60mph at even faster speeds, while Ludicrous mode accelerates 0-to-60 time by 20 percent.
The Model S and the Model X have 270-mile and 295-mile ranges, respectively.
Many have said Tesla was able to discount all vehicle models as a result of its decision to shutter physical stores.
Performance and Ludicrous versions of the Model S and Model X (pictured) also got deep discounts. It comes after Tesla revealed the long-awaited $35,000 base version of the Model 3
Alongside its launch of the $35,000 Model 3, Tesla also said it was closing physical dealerships across the country and instead moving to online sales.
‘Shifting all sales online, combined with other ongoing cost efficiencies, will enable us to lower all vehicle prices by about 6 percent on average, allowing us to achieve the $35,000 Model 3 price point earlier than we expected,’ the company wrote in a blog post.
‘Over the next few months, we will be winding down many of our stores, with a small number of stores in high-traffic locations remaining as galleries, showcases and Tesla information centers.’
Tesla debuted the $35,000 Model 3 nearly five years after the firm first announced it would offer an affordable version of the luxury sedan.
After the CEO teased an announcement in a series of cryptic tweets earlier this week, the electric car-maker quietly added a Standard Range Model to its online shop, starting at $35,000 before savings.
After the CEO teased an announcement in a series of cryptic tweets, the electric car-maker quietly added a Standard Range Model to its online shop, starting at $35,000 before savings
Tesla suspended orders on its website ahead of the launch, and promised ‘great things are launching.’ The firm has teased the lower price tag since it first unveiled the Model 3 in 2016
With the standard interior, this works out to be just $24,950 after savings, according to the firm.
The base model will achieve a top speed of 130 miles per hour, with 0-60mph acceleration in 5.6 seconds. Orders are now open.
Tesla is also offering the Model 3 Standard Range Plus, which boasts a 240-mile range and a top speed of 140mph.
It will also include ‘most premium features,’ starting at $37,000 before incentives.
‘Although lower in cost, it is built to achieve the same perfect 5-star safety rating as the longer-ranged version, which has the lowest probability of injury of any car ever tested by the U.S. Government,’ the firm said in the announcement Thursday evening.
Tesla has been working to get the price of the Model 3 down to the promised $35,000 since its 2016 reveal.