model

Tesla Slashes Sticker Prices on Flagship Model S Sedan Again



a car parked on the side of a mountain: Tesla Slashes Sticker Prices on Flagship Model S Sedan Again


© TheStreet
Tesla Slashes Sticker Prices on Flagship Model S Sedan Again

Tesla quietly has cut prices for its flagship Model S sedan and its Model S performance model by $3,000 each as demand for the flagship car falters, even as Tesla continues to churn out record numbers of EVs.

The electric carmaker lowered the starting price on its entry-level Model S available for delivery to $71,990 from $74,990. It also reduced its Tesla Model S Performance Model to $91,990 from $94,990.

The Tesla Model S Plaid, which was announced last month but won’t be delivered until late next year, didn’t get a price change with the configurator update. It is still listed at $139,990.

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The pricing update follows price cuts across Tesla’s lineup earlier this year that affected Model 3, Model S, and the six-seat Model X.

Back in May, Tesla already had reduced the price of

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model

Tesla Slashes Sticker Price on Flagship Model S Sedan Again

Tesla  (TSLA) – Get Report quietly has cut prices for its flagship Model S sedan and its Model S performance model by $3,000 each as the electric carmaker continues to pump out record numbers of battery-powered vehicles. 

The electric carmaker lowered the starting price on its entry-level Model S available for delivery to $71,990 from $74,990. It also reduced its Tesla Model S Performance Model to $91,990 from $94,990.

The Tesla Model S Plaid, which was announced last month but won’t be delivered until late next year, didn’t get a price change with the configurator update. It is still listed at $139,990.

The pricing update follows price cuts across Tesla’s lineup earlier this year that affected Model 3, Model S, and the six-seat Model X.

Back in May, Tesla already had reduced the price of the Model S Long Range Plus by $5,000 for it to start at

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model

Tesla (TSLA) slashes Model S price, now starts at just $71,990

Tesla (TSLA) has reduced the price of its flagship sedan, the Model S, today. The electric car now starts at just $71,990.

The Model S and Model X programs have been in declined for a while now.

Tesla delivered 15,200 units of both vehicles last quarter – down from 17,400 during the same period last year and down from 27,660 vehicles (14,470 Model S, and 13,190 Model X) back in Q3 2018.

During that time, Tesla has mainly focused on the cheaper Model 3 and Model Y vehicle programs.

Nevertheless, the automaker is still updating Model S and Model X regularly with new performance and features, most recently with a range increase to 402 miles for the Model S.

Now Tesla is also reducing the price of the Model S in an overnight update to its online design studio:

Tesla has reduced the price of both versions of the electric

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women

RFU slashes funding to women’s Premier 15s league

(Reuters) – England’s Rugby Football Union (RFU) has cut funding to the Premier 15s, the women’s top-flight domestic league, by 25% as it struggles to cope with the financial impact of the COVID-19 pandemic, the Telegraph reported.



a woman playing a game of football: Rugby Union - England Women v Barbarians


© Reuters/PETER CZIBORRA
Rugby Union – England Women v Barbarians

The report said that financial support to each of the 10 teams in the league would drop from 75,000 pounds to 56,250 pounds this season.

The 2019-20 Premier 15s season was declared null and void by the RFU in April due to the COVID-19 pandemic and Tyrrells ended their sponsorship of the competition when their contract expired in August. The new season is expected to begin later this month.

In July, the RFU had projected a short-term revenue loss of 107 million pounds due to the closure of Twickenham Stadium and also proposed making 139 positions within the organisation redundant after finances took

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model

Tesla Slashes China-Made Standard, Long Range Model 3 Prices



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Tesla Inc (NASDAQ: TSLA) has cut prices of its domestically-made Model 3 vehicles in China.

What Happened: The Elon Musk-led electric vehicle maker’s Chinese website shows that the starting price of its Shanghai-made standard range Model 3 sedan has been reduced 8% to RMB 249,900 ($36,800) on a post-subsidy basis. The earlier price for Model 3 was RMB 271,550 ($39,990) after subsidies.

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The price for local longer-range Model 3 electric car has also been slashed 11% from RMB 344,050 ($50,667) to RMB 309,900 ($45,638).

The standard range Model 3 sedans would now come with cheaper lithium iron phosphate (LFP) batteries rather than the nickel-cobalt-manganese (NMC) ones, people familiar with the matter told Reuters, which first reported the news.

Why It Matters: This is the third time the Palo Alto-based company has cut the price of its Model 3 range this year in China. Prices

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