Fairfax, Virginia (AP) You’re not going to be able to get a new Tesla Model S for the low price of $25,000, but you can get the Model X for just $49,995, according to a new report.
The automaker is selling its upcoming vehicle for $49.95, which is $1,200 less than the original price of the car, according a press release.
The company’s website offers a link to buy the car on Monday.
The Model X is a crossover sedan that has more power and a wider track.
It has been offered on a limited basis in recent years, but only at a cost of about $35,000.
The average price of a Tesla is $80,000 or more.
The Model X was a big hit at the 2017 New York Auto Show, but Tesla’s stock has declined sharply since then.
Its shares fell more than 10 percent last week after the company reported its first-quarter earnings, which were below forecasts.