[cmrdporcupine]

Yep. And here in Canada my understanding is the $40k (US) variant won't even be sold to consumers. Fleet vehicle only.

This is an ongoing switcheroo with EV manufacturers unfortunately. Targeting the high margin luxury segment only. They announce lower trims with cheaper prices only so that they can bait consumers but also get in good with various government subsidies.

Likely it all has to do with battery supplies. There's just not enough of them.