Tesla Slashes The Cost Of Its Most Effective Model

Tesla’s most effective and high-grade models are getting a small cost drop. The Model S and Model X 100D models had their prices slashed by $3,500 while the performance versions, the P100D, got a $5,000 price drop for both the Model S and X.

The electric automaker says that production costs for the 100-kilowatt battery packs have reduced, and it’s passing along the savings to clients. The new cost is similar to the prices seen prior to a cost increase on the same models back in April of this year, however the present models provide more functions than previously.

For those waiting on their yet-to-be delivered 100 kW models, you don’t have to worry, because Tesla prepares to change the price to the new rate. Below are the new beginning costs:

*Model S 100D: $94,000.
*Model S P100D: $135,000.
*Model X 100D: $96,000.
*Model S P100D: $140,000.

Previously this year, we observed Tesla cut the costs of base models. In April, with the discontinuation of the base Model S 60, the Model S 75 ended up being the new base model and had its starting rate reduced by $7,500. Previously this month, Tesla reduced the cost of the base Model X crossover, the 75D, by $3,000, claiming boosted margins.

Tesla’s most effective model is seriously fast as we observed first hand. This past February, Motor Trend put the fastest model to the test and recorded a new 0-60 mph production car record. The Tesla Model S P100D, has rocketed its way down the drag strip in an impressive time of 2.28 seconds.