NICE: Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup.

To simplify its offerings, the automaker on Tuesday limited variants of its Model X sport-utility vehicle and Model S sedan to “Long Range” and the more expensive “Performance”. It also trimmed the price of its now entry-level Long Range variants.

The discontinuation of the standard-range variants, however, means a rise in starting prices – to $84,990 for the Model X and $79,990 for the Model S, excluding potential buying incentives.

Tesla also lowered the starting price of its mass-market Model 3 to $38,990.

Increasing the exclusivity of its more exclusive models while making its budget model even more budget-friendly is not a bad indicator at all.