After several rounds of price cuts over the past year, Tesla has shifted to offering cheaper versions of its most expensive and oldest models, the S and X. The electric automaker unveiled the slightly revamped Model S sedan and Model X SUV this week; both models now have a version with shorter driving ranges starting around $10,000 less then other Model S and X versions. Software that locks the vehicles battery range is being used to reduce driving range for both the S and X. 

The new Model S has a driving range of up to 320 miles, though 75 miles less than the regular dual motor and tri-motor Plaid variant (up to a 405 mile range), it is still well above the “range anxiety” line of 300 miles per charge. This version, now called the “standard range” model, is priced at $78,490. 

The Model X SUV “standard model” has a range of up to 269 miles, well below its more expensive versions that offer up to 348 miles, and a little below the “range anxiety” line. The Model X starts at $88,490. Both versions will be available for delivery in September-October.

Tesla’s lowering of its price tags on its oldest production vehicles is part of a broader strategy to stay competitive as automakers around the world launch new fleets of electric vehicles.

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