Economy

Musk Claims Tesla Model S Price Will Be Lowered To $69,420

Musk Claims Tesla Model S Price Will Be Lowered To $69,420”

The cheapest Air is more in line with Tesla pricing, which starts at $72,000 for the Model S, its luxury electric sedan. It's the sex number and the weed number.

"The prophecy will be fulfilled", Musk wrote in a tweet announcing the price change.

Musk also took to Twitter to announce some news regarding Tesla's newest model: The Model Y. According to his tweet, the Model Y, a small, crossover, will soon be available in a seven passenger version.

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. It's amusing though, right?

The discovery comes via a Tesla Motors Club forum user called ColdWeatherEV who posted the information and the new sticker for everyone to see.

More news: COVID-19: This one blood group is less vulnerable to coronavirus

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. Roadshow by CNET reported yesterday the automaker quietly cut $3,000 off the Model S earlier this week, potentially in a bid to outdo Lucid before its announcement today. Earlier this month, the carmaker cut the starting price of its Chinese-made Model 3 sedans by about 8% to 249,900 yuan ($36,805). That includes a $7,500 United States government electric vehicle tax credit that Tesla vehicles are no longer eligible for.

Tesla introduced its Model S in 2012, but in recent years the vehicle has faced competition from its less expensive Model 3 sedan, which now starts at $37,990.

A 4 percent cut on Tuesday brought the electric car's price tag down to $71,990, while a subsequent cut now has it selling for $69,420.

Material from Reuters was used in this report.



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