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.
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