Similar Stories to Have Your Eye On A Tesla? It Just Got $10,000 Cheaper To Buy A Model S Or Model X. on Bing News

Tesla has cut its car prices multiple times in the last year.(Photo credit should read FREDERIC J. BROWN/AFP via Getty Images) Tesla is now selling a "standard range" Model S and Model X at $10k less than previous offerings. Tesla has cut its car prices multiples times this year as part of an ongoing price war. The company is facing increasing competition in the EV market. If you've had your eye on a Tesla Model S or Model X, they just got more affordable.Tesla is now selling lower cost "standard range" versions of its higher end models, the Model X and Model S, as it faces increasing competition.Each standard range model is $10,000 cheaper than its respective regular model — the Model X starts at $98,490 on Tesla's website, while the new Model X Standard Range starts at $88,490.