Tesla to discontinue cheapest Model S coming Sunday

Elon Musk-led electric carmaker Tesla Motors has confirmed that it will discontinue its cheapest version of its Model S e-car, the rear-wheel-drive S60, on coming Sunday.

The electronic-car that starts at $69,500 is currently the cheapest Model S available. It will be on Tesla’s official website through the weekend. The company will also sell out the remaining inventory around the nation.

The company decided to discontinue the rear-wheel model as it is making a shift to an all-wheel-drive lineup for the model in order to simplify its product offering. CEO Elon Musk has also confirmed that the company would offer an all-wheel-drive version of the vehicle in the future.

Earlier to the release of the Model 3 e-car, the Model S rear-wheel version would have been considered the company’s entry-level sedan.

Currently, Tesla is in the early stages of increasing the production of the Model 3. It is worth-mentioning here that in spite of the heavily advertised $35,000 price tag, this car can easily wind up costing closer to $40,000, depending on options.