This Week in Tesla: 7-Seater Model Y Coming Next Month, Model S Price Reduced

7-Seater Model Y Coming Next Month -

According to a recent tweet from Tesla CEO Elon Musk, production of the anticipated seven seat Model Y will begin next month. Although production is starting in November, Musk stated that deliveries will not begin until early december. There have been questions as to how much legroom the third row will have, and how useful it will be for seating anyone except young children. There have also been rumors that a possible rear-facing third row is coming, but they are unconfirmed and unlikely. The actual design of the third row will likely be revealed once Tesla begins accepting orders for the seven seater Model Y.

Model S Price Reduced -

It seems as if the price of the Model S is reduced monthly, and October brings another price drop, as the price has been dropped to $69,420. The price drop was first announced via a tweet from Elon Musk. The reason for the price drop is likely because Tesla wanted to remain cheaper than most of the competition, and the most recent competition is fellow startup Lucid Motors whose Lucid Air luxury sedan will now be more expensive than the Model S at $69,900 after incentives. Even though the base version of the Lucid Air will not be released until 2022, Tesla is likely trying to have people that would order the base version of the Air switch to a Tesla that is not only cheaper, but they could have it in weeks rather than years.

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