Tesla fans eyeing the Model X SUV now have a cheaper option. A new 60D model starts at $74,000.

The 60D takes a performance hit compared to its more expensive cousins. It offers 200 miles of range, a top speed of 130mph, and can go from 0 to 60mph in six seconds. The top-of-the-line $115,000 P90D model, meanwhile, gets 250 miles of range and its optional "Ludicrous Mode" propels it from 0 to 60 in 3.2 seconds.

The cheaper 60D is part of Tesla's strategy to segment the luxury electric car market. Its components are mostly the same as the rest of the Model X cars, according to The Verge, with its output electronically limited. The 60D uses the same 75kWh battery as the P90D, for instance, but software limits its output to 60kWh. Drivers who are unhappy with that can upgrade to the full 75kWh later (for a few thousand dollars).

One step up from the 60D is the 70D for $83,000, which adds 37 extra miles of range and run a 75kWh battery, but keeps the rest of the specs the same. Maxing out the options on the 60D and 70D can bring the final cost north of $100,000, although state tax incentives can help keep some costs down.

Standard features on the Model X include rear Falcon Wing doors, all-wheel-drive, parking sensors, blind spot and side collision warnings, automatic keyless entry, GPS-enabled Homelink, and maps and navigation with real-time traffic updates. Color options include white, black, red, blue, and silver.