Tesla (TSLA) Adds Lower-Cost Model X to Lineup

July 13, 2016 8:26 AM EDT

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Tesla (Nasdaq: TSLA) has added a 60-kWh version of the Model X to its design studio.

The newest Model X will have a base price of $74,000 before any charges or discounts. Tesla pegs the cost at $59,100 after estimated savings.

The 60-kWh Model X joins 75- and 90-kWh versions of the vehicle. The 75-kWh version starts at $83,000.

Buyers will have an option to upgrade the 60-kWh to a 75-kWh version for $8,500 at delivery, or $9,000 thereafter.

Range is expected at 200 miles and overall performance should be similar to the 75-kWh Model X.

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