Tesla Model S and Model X Base Prices Drop by $10,000

• The Tesla Model S and Model X’s base prices have dropped by $10,000 due to new Standard Range models.
• The Model S now starts at $79,880, but its EPA-estimated range is 320 miles compared with the pricier 405-mile model.
• The Model X now starts at $89,880, but its EPA-estimated range is 269 miles versus the more expensive version, which has a 348-mile estimate.

The price of new Teslas has been up and down and moving all around. Over the past year or so, the company has adjusted the cost of its four models myriad times, and now the Model S and Model X can be had for $10,000 less than last week following the introduction of new Standard Range models.

Model S and X Price Drops

Tesla yesterday launched shorter-range variants of the Model S and Model X, as reported by Reuters. The Model S Standard Range carries a $79,880 base price, which costs $10K less than the next-level dual-motor model. However, the discounted price comes with a lot less EPA-estimated range—320 versus 405 miles. The tri-motor Model S Plaid currently starts at $109,880 and advertises 396 miles of range.

The Model X Standard Range starts at $89,880 and has an EPA-estimated range of 269 miles per charge. That’s exactly $10K less than the longer-range model, which has a considerably longer 348-mile estimate. Meanwhile, the tri-motor Model X Plaid currently starts at $109,880 and advertises 333 miles of range.

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Eric Stafford’s automobile addiction began before he could walk, and it has fueled his passion to write news, reviews, and more for Car and Driver since 2016. His aspiration growing up was to become a millionaire with a Jay Leno–like car collection. Apparently, getting rich is harder than social-media influencers make it seem, so he avoided financial success entirely to become an automotive journalist and drive new cars for a living. After earning a journalism degree at Central Michigan University and working at a daily newspaper, the years of basically burning money on failed project cars and lemon-flavored jalopies finally paid off when Car and Driver hired him. His garage currently includes a 2010 Acura RDX, a manual ’97 Chevy Camaro Z/28, and a ’90 Honda CRX Si.