New versions of Model S and X cars will have a more limited range
Tesla has launched cheaper versions of its highest-spec cars as Elon Musk’s electric vehicle company continues cutting prices to boost sales.
The company has launched two new versions of its Models S and X in the US that have lower specifications and are $10,000 cheaper than more souped up models.
The cars, dubbed “standard range” models, can travel a shorter distance between charges compared to the original models. The range of the new vehicles has been clipped by up to 74 miles, meaning drivers covering long distances will have to stop to charge more often.
The news comes a day after price cuts were announced in China for Tesla’s Model Y, its entry-level vehicle. The car has been discounted by as much as 16pc since the start of the year in a number of markdowns.