WASHINGTON (dpa-AFX) - Tesla Inc. (TSL) is tweaking the naming and pricing of its Model S and Model X vehicles, according to a report Tuesday.
The blog Electrek said Tesla will change its naming convention so that the car models' names will no longer be based on their battery pack.
The Model S P100D, for example, will now be called the Model S Performance, much the same way the Model 3's iterations are named. Tesla also cut $1,000 from the price of its base Model S and Model X vehicles, to $85,000 and $88,000, respectively.
Earlier this month, Tesla dropped its cheapest, 75 kWh-battery Model S and Model X offerings and cut prices by $2,000 on its three lines of cars to offset the phaseout of tax incentives at the beginning of the year.
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