How to upgrade your Tesla Model S sedan
Posted On July 29, 2021
LAS VEGAS — Tesla has finally been able to convince regulators to allow it to sell the next generation of its Model S luxury sedan in the U.S. It just won’t be the Model X, and it won’t cost as much as the Model S.
But that’s not all.
As Tesla and its dealers prepare to open up for business on Saturday, the company announced that it will start offering the new Model S for about $100,000 less than its predecessor.
The company said the price drop is part of a price reduction program aimed at making it easier for customers to choose the model they want to buy, as well as to offer better service and service quality.
The Model S will be sold exclusively through Tesla’s Autopilot system.
It will be available in both black and silver, with options for both sedan and SUV.
Tesla said it will offer a free upgrade for customers with a previous Model S who have upgraded to the new model, or for those who bought the Model Y, the car with a smaller range.
“In the near term, the price of Model S has been reduced to $100k and will remain so for customers who have purchased an earlier Model S or who have previously purchased an Autopilots Model S, Model X or Model 3,” the company said.
The price is a fraction of the previous model’s $165,000 price tag, but it is more than $1,000 lower than the Model 3, which started at $180,000.
Tesla said the new price will go into effect on April 25, the same day the company begins offering the Model N, which is due out in July.
Tesla’s stock is down roughly 14 percent this year, and analysts are predicting the company will sell just 5,000 Model S vehicles in the first half of next year, which means it will be on track to sell fewer than 300,000 vehicles in 2019.
It’s not clear how many of those cars will be reserved for Tesla’s dealers.
The company also announced that Tesla will begin selling the Model Z, a small crossover with a 5.2-liter twin-turbo V6 that offers 300 miles of range, in 2019 and 2020.
For now, Tesla will offer the Model 2 in both white and silver.
More to come.
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