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Tesla cuts prices and simplifies its product line

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Charles Janow
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Tesla implemented across-the-board price cuts for its vehicles on Monday, making most versions of the Model S, Model X, and Model 3 more affordable.

The price of the high-end Model S Performance model actually increased from $96,000 to $99,990.

However, that reflects the fact that "Ludicrous Mode" is now included as a standard feature for the Performance model.

Previously, "Ludicrous Mode" was a $20,000 upgrade on top of the Performance model's $96,000 base price.

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Tesla's Model 3 also saw across-the-board price cuts.

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Charles Janow
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