Tesla is dropping the low end of its luxury Model S product lineup, months before the planned introduction of the less expensive Model 3.
The electric-powered Model S sedan ranges in price from $64,000 to $128,000. The higher the price, the more powerful the battery pack. The soon-to-be discontinued 60 and 60D versions have a stated range of 210-218 miles before a recharge is necessary.
Tesla said it’s dropping them “to simplify the order process.” Plus, the company said, they’re not selling well. Customers will be able to order them only until April 16.
There are other reasons Tesla might want to stop selling the 60 and 60D: They could compete with the Model 3, a...