Elon Musk Slashes Price Of Tesla Model S Just For Lols

Tesla Model S Price Cut to $71,900

Musk didn't say whether the move was a response to Lucid's pricing announcement today. The tweet was a reply to a query by the Tesla Club India. Tesla's website now shows two variants - Performance and Long Range AWD, and both employ the dual-motor AWD system. The carmaker has also set up a Tesla Gigafactory in China. Musk has also been keen to start operations in India, but noted that few of the government regulations were challenging.

Some experiments from Tesla YouTubers, like DaErik, showed what the Model Y's third-row seating would roughly look like in a video that was released in mid-April.

Tesla CEO Elon Musk has revealed that the Model Y's seven-seat configuration will begin production in November, and will be delivered in December.

And while the base Air won't enter production until 2022 (higher grades enter production in 2021), the $69,420 Model S, in this case a Long Range Plus, is already in production.

Pricing and performance details have been announced for the entry-level Lucid Air set to hit the US market in 2022.

Relative to the now listed price of $71,990, the cut represents another $2,570 discount for the Model S-a total of more than $5,500 off the Model S price this week versus last week.

And it's not just Lucid.

Tesla's Model S jumpseats were previously rear-facing and were ideal for children due to size constraints, but there is no indication of what direction the seats will face as of now.

The seven-seater Model Y, available for an additional $US3,000 ($A4,210 converted) in the United States, will represent one of a handful of such electric vehicles available on any market at a price well below that of its seven-seater premium stablemate, the Model X.

Material from Reuters was used in this report.



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