The American electric automaker has introduced a new cheap entry level Tesla Model S 60 which starts at $67,200 and offers a 60-kilowatt-hour battery.

The Tesla Model S 60 has been launched specifically for those who were interested in owning a Model S, but couldn’t afford it due to the hefty price tag of the Model S 70 ($71,200).

It comes with a standard rear-wheel drive, but customers can also opt for an all-wheel drive variant by paying $5,000 extra.

Additionally, buyers who want better facilities can upgrade the Model S 60 to Model S 75 by paying an additional $8,500 when ordering or $9,000 after delivery.

The Tesla Model S 60 offers an estimated 210-mile range and is capable of going from 0 to 60 mph in just 5.5 seconds with a top speed of 130 mph.