Tesla Cancels Most Affordable 40-kWh Model S Due To ‘Lack Of Demand’

In what feels more like a bait-and-switch marketing tactic than a legitimate business decision, Tesla Motors has announced that it will not build the most affordable, smallest battery pack version of the Model S electric sedan. Why? Because of a “lack of demand”. According to Tesla, only four percent of buyers placing deposits reserved the 40-kWh…