Tesla’s Cheapest Model S To Be Discontinued

Now that Model 3 production is ramping up, Tesla will be discontinuingits lowest-priced Model S, previously the company’s most affordable option. Tesla will no longer be selling the rear-wheel-drive version of the Model S starting Sept. 24 but will be continuing production of the rest of the Model S lineup, including the 75D, 100D and P100D models.

Even equipped with its long-rage battery package, Premium Upgrades Package and Enhanced Autopilot autonomous capabilities, the Model 3’s $57,500 price tag is well below the $69,500 starting price of the soon-to-be-discontinued Model S. Replacing the base Model S was always part of Tesla’s plan for the Model 3.

Drivers who want an affordable way to get behind the wheel of a Tesla anytime soon have until Sunday to purchase the rear-wheel drive Model S. New Model 3 orders will take more than a year to be delivered, according to Tesla.

General Motors Company GM 0.57% is hoping the window between the discontinuation of the Model S and the widespread availability of the Model 3 will push impatient, budget-minded buyers toward the Chevy Bolt EV, which is priced at just under $38,000 and is already widely available.

Tesla has said…

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