model

14 Things to Know About the Latest Tesla Model S Price Drop



a close up of a car: Close up image of the Tesla (TSLA) logo on the front of a car.


© Source: Tudoran Andrei / Shutterstock.com
Close up image of the Tesla (TSLA) logo on the front of a car.

A price drop is in effect for Tesla’s (NASDAQ:TSLA) Model S electric vehicle (EV) but it doesn’t bring it anywhere close to its cheaper offerings.



Close up image of the Tesla (TSLA) logo on the front of a car.


© Provided by InvestorPlace
Close up image of the Tesla (TSLA) logo on the front of a car.

Here’s what to know about the Tesla Model S price drop.

  • The price drop has Tesla reducing its Model S prices by $3,000.
  • That has the Long Range Plus version starting at $71,990 as compared to the previous starting price of $74,990.
  • The Performance variant of the Model S now starts at $91,990 instead of $94,990.
  • It’s worth pointing out that this is actually the second price drop that the Tesla Model S Long Range Plus has seen in 2020.
  • The first price cut came
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women

Why Did Hundreds of Thousands of Women Drop Out of the Workforce?

— Stefania Albanesi, an economics professor at the University of Pittsburgh


In Her Words is available as a newsletter. Sign up here to get it delivered to your inbox.

The September jobs numbers, released by the Labor Department on Friday, confirmed what economists and experts had feared: The recession unleashed by the pandemic is sidelining hundreds of thousands of women and wiping out the hard-fought gains they made in the workplace over the past few years.

While the U.S. unemployment rate dropped to 7.9 percent in September, far below the record high of nearly 15 percent in April, a large part of that drop was driven not so much by economic growth — though there were some job gains — but by hundreds of thousands of people leaving

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women

Women Drop Out of Workforce at Fastest Pace Since Pandemic Peak

(Bloomberg) — Women, especially those in the age group most likely to have young children, are dropping out of the job market at the fastest pace since the height of the pandemic as many schools and child care centers remain closed.

Participation in the labor force by women between the ages of 25 to 54 dropped to 74.2% in September, down from 74.9% in August after nearly hitting an all-time record right before the virus hit, according to data released Friday by the Labor Department.

At the same time, Black Americans — who have been bearing much of the brunt of job losses in recent months — saw an improvement in their employment situation as the gap between Black and White joblessness narrowed for the first time since April.



chart: Women most likely to have school-aged children are leaving the labor force


© Bloomberg
Women most likely to have school-aged children are leaving the labor force

Economists and Federal Reserve officials have repeatedly

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fashion

Low-cost fashion chain H&M sees sales 16% drop due to virus

Swedish low-cost fashion brand Hennes & Mauritz AB says its third quarter sales fell 16% to 51 million kronor ($ 5.7 million), largely as a result of the COVID-19 pandemic

STOCKHOLM — Swedish low-cost fashion brand Hennes & Mauritz AB said Thursday its third quarter sales fell 16% to 51 million kronor ($ 5.7 million), largely as a result of the COVID-19 pandemic.

At the beginning of the quarter, approximately 900 of the group’s more than 5,000 stores were temporarily closed. At the end of the quarter just over 200 stores were temporarily closed.

The Stockholm-based retailing group said its profit after tax for the period June 1– Aug. 31 amounted to 1.8 billion kronor ($200 million). A year earlier, it had reported a profit of 3.9 billion kronor.

“Through much-appreciated collections and rapid, decisive actions, we returned to profit already

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