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 $74,990. And earlier this month, the electric vehicle maker cut prices for the cheapest version of its Model 3 by 8% to $37,000 after subsidies.

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