Tesla has updated its site to reflect the new starting price for Model S.
Following an announcement by Elon Musk on Twitter yesterday that a “prophecy would be fulfilled,” the starting price for Model S has been officially changed to $69,420.
The new base price is for a Long Range Plus configuration with 402 miles of range, a top speed of 155mph, and a 0-60 time of 3.7 seconds. All upgrades, exclusive of Full Self-Driving Capability and varying paint/interior trims, are included in the price.
This is the second price cut to Model S in the span of roughly 24 hours, introduced to undercut the $69,900 starting price of Lucid Air — which won’t be available until early 2022.
Performance and Plaid variants of Tesla’s high-end luxury sedan remain at $91,990 and $139,990, respectively.
Juvenile humor aside, Musk made good on his word to further lower the price of Model S in an exceedingly short timespan.
While this is partly a bid to remain competitive, it should be noted that Lucid Air’s starting price factors in a $7,500 federal rebate. Most importantly, the only variants of the Air that will be available in 2021 range in price from $87,500 to $161,500. Reservations are available today, but Model S should match or exceed all specs of the Air by the time deliveries begin.
$69,420, as unashamedly nonsensical as it sounds, represents a compelling value for Model S that should only get better over time.
Only Used Tesla: The BEST Place to Sell a Tesla for TOP Dollar.
firstname.lastname@example.org Made in USA. Get OUT!