It looks like some of those previous rumors about an inexpensive Moto X weren't completely off-base. According to CNET, they were informed directly from Motorola that cheaper versions of the Moto X are in the works after-all. We aren't sure if they will be quite in the $300 range, but it is possible. Motorola Mobility CEO Dennis Woodside mentioned in an interview that the newest Moto X will be just one in a series of devices which will launch in the coming months. Here's a quote from the CNET article,
Next on the company's hit list is a device that is less expensive than the current Moto X. The device will be designed and priced to appeal to international customers in markets where people generally don't buy subsidized devices, as well as the prepaid wireless market in the U.S., where wireless consumers are also expected to pay full price for devices.
It looks like the rumors and leaks got criss-crossed. Motorola's plan the whole time was to follow the lead of Samsung and some of the other carriers by offering a branded series of devices. The next Moto X will be squarely aimed and priced for the emerging markets. There is obviously no word on if this version will come to the U.S., but we wouldn't be surprised if it did.
Woodside added, "Moto X is the brand that we are most focused on. And there is more to come. You will see additional products within months."
Source: CNET