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Tesla Motors (TSLA)’s Cheap Model 3 and Model S P85s for Under $65k

Tesla Inc (TSLA)

Tesla Motors Inc recently told the public that it plans to roll out many more cars. The releases of the Model Y and other Model X-based EVs should be seen over the next decade.

The Tesla Model 3, however, is still its closest known, new release. The more affordable EV is set to begin delivery sometime in the later part of next year. A year is long wait for the nearly 400,000 Model 3 deposit holders but if the Roadster, Model S and Model X tradition is held up, this EV will be worth the wait.

Tesla wants mass-market affordability.

Tesla’s biggest battle has never been getting people to like their cars. The company repeatedly proves that electric vehicles not only match their traditional, combustion engine peers, but outdo them in many other aspects as well. The company’s biggest barrier is the price of its cars. As such, Elon Musk and co. have had a hard time converting Tesla fans into Tesla buyers.

Tesla Pic

 

 

 

 

 

That all stands to change next year though. The upcoming Model 3 sedan will usher in a whole new affordability element to Tesla EVs. It goes for about $35,000 at it most standard, and that’s before regional tax discounts are accounted for too.

In the meantime, however, the firm has taken measures to offer lower-cost models of their existing cars. There are options for more affordable existing models beyond the Model 3. The electric automaker recently launched cheaper versions of both its Model S and Model X.

Tesla Model S 60 line up.

Tesla Motors reintroduced the Model S 60 on June 10th this year. This version of the company’s flagship sedan rides on a lowered, 60 kWh battery pack. It serves as the new entry model vehicle, edging the company closer to the mass-market affordability its aiming for. Though the EV’s battery capacity is seems limited, it manages to cover at least 210 miles on a single charge.

The car starts “at $58,500”, according to Tesla Motors Inc . That price comes after incentives are factored in though. It leases for minimum $665 a month and can get an additional battery upgrade at a later stage.

Performance- wise, the Model S 60 can reach top speeds of 130 mph and does 0-60 in 5.5 seconds. Its 60D counterpart does around 8 miles more per full charge and achieves 0-60 performance in 5.2 seconds.

Model X 60D

The EV giant’s elegant Model S SUV also gained 60kWh battery version a month ago. On the 14th of July, it brought out the Model X 60D. The 60D serves as the new, entry level version of the electric SUV.

It covers at least 200 miles on a single charge, can do 0-60 in 6 seconds flat, and hits the normal 130 mph top speed of its other 60 series peers.

It starts at $66,500 after tax incentives and can be leased for $866 per month. Both the Model S and Model X 60 series come with standard safety features and Autopilot tech. Though they offer less power, the automaker was sure not to exclude the fun factor from these cars.

 Tesla CPO program

Further, fans of the company needn’t settle for low performance electric cars. Via the company’s CPO program, people can buy actually get a

Used Tesla EVs are sold as good as new. This is according to reports that cite the amount of money that Elon Musk and co. dedicate to buffing up their repurchased EVs. Tesla Motors Inc understands the delicate position of its brand. Pushing out defective EVs would hurt it’s brand a lot more than a quick sell could fix. The electric car brand thus puts a lot of effort buffing up its old cars.

This means buyers can get revived Model S P85 and higher at discounted prices. Currently, they can be found on the company’s website for under $65,000.

Other fun benefits of opting for the Tesla CPO program include a speedy deliveries. The months that normal Tesla deliveries take are nothing compared to the mere week-long wait of used Tesla purchase.

Although these prices may be higher than the low cost of a Model 3, they are certainly further down from the averaged $100,000 prices that most Tesla Motors Inc buyers pay.

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