Tesla has launched more affordable versions of its Model S sedan and Model X SUV in the U.S. and Canada, but there's a catch.
Tesla has launched more affordable versions of its Model S sedan and Model X SUV in the U.S. and Canada, though they come with shorter driving ranges. Deliveries of the new vehicles will begin next month.
Recommended Videos Meanwhile, the new Model X costs $88,490 and offers a 269-mile range, again, much shorter than the 348 miles offered by the more expensive variant. It’s hoped the more appealing price tags will appear to first-time EV buyers who up to now have been put off by the relatively high cost of such vehicles compared to alternatives.
In its most recent financial report for the quarter ending June 30, Tesla delivered a record 466,140 vehicles globally, which came as a surprise to Wall Street as it had been expecting to see around 20,000 fewer shipments.
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