Tesla Model S Price Slashed To Boost Sales

Pricing / Comments

The Model 3 and Model Y are getting all the attention.

Sales of the 2020 Tesla Model S and 2020 Tesla Model S Performance are down in 2020, which is understandable given the popularity of the company's less expensive cars like the Model 3 and Model Y. Tesla hasn't even changed the Model S, aside from over-the-air updates and a facelift back in 2016, so the company needs something to hook buyers back into its flagship sedan. An upcoming Plaid performance model should attract people with its ludicrous acceleration figures, but for now, Tesla has a more straightforward plan to lure people back to a Model S.

Tesla often changes its prices without warning to stoke sales, and that is exactly what the company just did with the Model S. In an overnight update to its online design studio, Tesla lowered the price of the Model S Long Range Plus and Performance.

2017-2020 Tesla Model S Top View Tesla
2017-2020 Tesla Model S P100D Rear Angle View Tesla
2017-2020 Tesla Model S P100D Infotainment System Tesla

Thanks to a $3,000 discount, the Long Range Plus now costs $71,990 (down from $74,990) and the Performance now costs $91,990 (down from $94,990). Tesla hasn't offered the Model S at this low of a price since it sold the smaller battery pack model in 2019. Back then, the Model S started at just $71,250 but only came with a range of 285 miles.

The current Long Range Plus model can travel 402 miles on a charge and hit 60 mph in just 3.7 seconds. If you opt for the Model S Performance, you sacrifice a bit of range with 348 miles total, but the 0-60 mph time drops to 2.3 seconds.

Coolest Police Cars From Around The World
Coolest Police Cars From Around The World
11 New Cars That Must Be Successful
11 New Cars That Must Be Successful
Tesla
Tesla

As for the Model S Plaid, which won't begin deliveries until late 2021, it did not receive a price cut. Tesla still lists the Plaid at $139,990, which gets you more than 520 miles of estimated range, a 200-mph top speed, and a 0-60 mph time of under two seconds. If you order a Model S today, Tesla estimates a four to eight week delivery time in the United States.

2017-2020 Tesla Model S Front View Driving Tesla
2017-2020 Tesla Model S P100D Front Angle View Tesla
2017-2020 Tesla Model S P100D Dashboard Tesla

Join The Discussion