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Tesla Makes Another Model S Price Cut

TheMotleyFool

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Tesla's (NASDAQ: TSLA) cars just keep getting cheaper. That's good for consumers, but it may not be so good for Elon Musk's electric car company, currently the most valuable automaker in the world.

The company has cut the cost of its upscale Model S sedan by $3,000. On Tesla's website, the starting price for the Long Range Plus version is now listed as $71,990, while the souped-up Performance configuration now starts at $91,990. That comes on the heels of a $5,000 price cut in late May.

The Tesla Model S: now $3,000 cheaper. Image source: Tesla.

Source Fool.com

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