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Tesla Will Discontinue its Cheapest Model

The Drive logoThe Drive 3/17/2017 Christian Gilbertsen
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Tesla will cease taking orders for its cheapest car-the Model S 60 and 60D-starting next month in April, according to Elecktrek. The Model S 60, which starts at $68,000, comes equipped with a 75 kWh battery pack from the factory, but its output is limited to 60 kWh by Tesla software. For a fee, however, Model S 60 owners can unlock the full battery potential, which most owners apparently do.

To "streamline the ordering process," Tesla will do away with this profit-raking tactic entirely, starting on April 16, 2017-the last day to place an order for a Model S 60 or 60D. And with the introduction of Model 3 on the horizon, the decision to remove the entry-level Model S from Tesla's range is likely a deliberate move to widen the gap even more between the brand's entry-level car and its more premium offering. Also, as performance versions of the Model 3 will likely creep into Model S pricing territory-namely, the Model S 60's price-removing the entry-level Model S 60 should avoid brand cannibalization.

If you can't wait for the Model 3 to come out and don't want to drop a ton of coin on a Tesla-which is an all-too easy thing to do-your time's running out.

This article was originally published on TheDrive.com

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