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Tesla Model S Price Reduction
Tesla has reduced the prices of its luxury vehicles by a significant amount. Here is how much the Model S was reduced:
* Model S AWD (Long Range): From $94,990 to $89,990
* Model S Plaid: From $114,990 to $109,990
The Model S AWD (Long Range) has 2 motors and 405 miles of range at its highest value with the default tires, a top speed of 149 mph and a 0-60 mph of 3.1 seconds. This makes it a very fast car, still with a long range. It's a great luxury sports all electric car.
The Model S Plaid has 3 motors and 396 miles of range at its highest value with the default tires, a top speed of 200 mph and a 0-60 mph of 1.99 seconds. This makes it an incredibly quick car and the fastest volume production car on earth. It's a 4 door family car that runs like a modified NASCAR race car.
Over time, I expect to see the prices of the Model S drop as Tesla is continuing to do cost-cutting measures to make its vehicles affordable to everyone.
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Tesla Model X Price Reduction
Tesla has also reduced the price of its Model X luxury SUV. Here is how much the Model X was reduced:
* Model X AWD (Long Range): From $109,990 to $99,990
* Model X Plaid: From $119,990 to $109,990
It's interesting to see that the Model S Plaid and the Model X Plaid are now exactly the same price.
The Model X AWD (Long Range) has two motors and a range of 351 miles with the default set of tires and a 0-60 mph of 3.8 seconds. That's plenty fast for a luxury SUV with a sizeable amount of room.
The Model X Plaid has three motors and a range of 333 miles with the default set of tires and a 0-60 mph of 2.5 seconds. That's ridiculously fast for a family sized SUV with lots of room. The Model X Plaid is a huge SUV that drives like a sports car.
I also expect to see the Model X comes down in price as Tesla implements cost-cutting measures.
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Jeremy Johnson is a Tesla investor and supporter. He first invested in Tesla in 2017 after years of following Elon Musk and admiring his work ethic and intelligence. Since then, he's become a Tesla bull, covering anything about Tesla he can find, while also dabbling in other electric vehicle companies. Jeremy covers Tesla developments at Torque News. You can follow him on Twitter or LinkedIn to stay in touch and follow his Tesla news coverage on Torque News.
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