PALO ALTO, California — Tesla Motors introduced a value-oriented version of its 2016 Tesla Model X SUV on Wednesday with a starting price of $75,200, including a $1,200 destination charge.
The new Model X 60D has a battery pack rated at 60 kilowatt-hours and a Tesla-estimated 200 miles of driving range.
The price reflects a $9,000 cut over the previous base Model X and does not reflect a $7,500 federal tax credit.
The top-of-the-line 2016 Model X with a 90 kilowatt-hour battery pack and 250 miles of range is priced at $116,700, including shipping.
The electric carmaker also quietly ended a program that guaranteed the resale value of its cars.
Tesla is expected to announce a new Masterplan Part 2 in the next few days that may reveal a blueprint for its future lineup.
The automaker is also under scrutiny by federal safety regulators following a May 7 fatal crash that involved its Autopilot technology.
Edmunds says: Tesla lures car shoppers who value affordability into its stores with lower-priced versions of the Model X and Model S.