Model S gets $3K price drop then a $2570 drop to $69420!

[Zorg]

We had a 2014 S, and while it was cavernous (2WD, so huge frunk as well), the head room was a bit limited in the rear seats. There's more headroom in my 3 for sure. Otherwise, it's just a great touring car for driving long distance. Tons of room, big trunk, 400 miles range. It's just a great car. Even though my wife loves the X, she still misses the S. BTW, she doesn't seem miss ICE cars whatsoever.

 

[DanCar]

Anyone understand? What does he mean by gauntlet? Is he talking about Lucid?

 

[SucreTease]

Anyone understand? What does he mean by gauntlet?

Lucid confirms base Air at $69,900 — beating Tesla by just 4 miles - Electrek

 

[BestRadar]

The other shoe dropped today:

Lucid Reveals Base Air Sedan Range, Pricing: Gets All Up In Tesla's Kitchen

Lucid interior is definitely a step up from the Model S. The Model S has not changed in 8 years and is in need of an interior refresh and hopefully they don't follow the Model 3 simplistic look.

 

[MorrisonHiker]

Anyone understand? What does he mean by gauntlet? Is he talking about Lucid?

Yes, Lucid Air's recent price announcement.
What does it mean to “throw down the gauntlet”?

 

[freeewilly]

Thanks to Lucid Air's announcement of $69,900 today.

 

[Flyguy]

View attachment 598491

Wow. This is almost exactly what the sticker on my August 2017 75 RWD was (excluding 10k state/federal incentives). I won’t be back in the market for another few years, but cannot wait to see what is available then for the price

 

[ModalYYJ]

oh no here we go again...go Elon!!

Tesla Model S Price Dropping to $69,420 Tonight Says Elon Musk - TeslaNorth.com

 

[BigNick]

I wonder if the P will also come down to $89420 or if it stays at $91990?

 

[ucmndd]

Pretty remarkable.

Late 2016 I paid $81,500 for a RWD S 75. Call it $74,000 to make up for the demise of the federal tax credit.

Now four years later, for nearly $5,000 less I can get a car with essentially the same content PLUS AWD, ~40% more range, ~40% faster acceleration, and all of the goodies and improvements that 4 years of continuous improvement brings.

Great progress.

 

[N8Howell33]

Pretty remarkable.

Late 2016 I paid $81,500 for a RWD S 75. Call it $74,000 to make up for the demise of the federal tax credit.

Now four years later, for nearly $5,000 less I can get a car with essentially the same content PLUS AWD, ~40% more range, ~40% faster acceleration, and all of the goodies and improvements that 4 years of continuous improvement brings.

Great progress.

I appreciate the previous owner of the 2017 75s. They treated the car well and I get a good model S. The improvements are nice if you can afford 70k plus.

 

[iqless]

Anyone understand? What does he mean by gauntlet? Is he talking about Lucid?

Lucid Air's base price (after incentives) is $69,500, I believe.

 

[Ostrichsak]

Pretty remarkable.

Late 2016 I paid $81,500 for a RWD S 75. Call it $74,000 to make up for the demise of the federal tax credit.

Now four years later, for nearly $5,000 less I can get a car with essentially the same content PLUS AWD, ~40% more range, ~40% faster acceleration, and all of the goodies and improvements that 4 years of continuous improvement brings.

Great progress.

I couldn't agree more.

THIS is the attitude I wish more current Tesla owners took. All of this cry baby bologna about what Tesla owes you for discounting their cars and adding new features.... Boo hoo! This is what we want. This is the new normal so check at the door what you knew in the past about cars being the same for 4-year-stretches and "protecting" your investment while making the entire industry stale.

I hope this IS the future of cars and that these monthly upgrades to cars/assembly line continue with Tesla even after they grow to the size of the outgoing car manufacturers and I hope it drives them to change how they see generations and improvements. If these latest drops in price and improvements to tech aren't a positive sign of things to come then I don't know what is.

Now, Elon, can we talk about the abysmal "Customer Service" support model currently in place?

 

[captanzuelo]

If these latest drops in price and improvements to tech aren't a positive sign of things to come then I don't know what is.

Gotta love capitalism. Bernie, eat your heart out. Competition is always a good thing.

 

[DanCar]

... Now four years later, for nearly $5,000 less I can get a car with essentially the same content PLUS AWD, ~40% more range, ~40% faster acceleration, and all of the goodies and improvements that 4 years of continuous improvement brings. ...

Did battery day say we will get another 50% increase in range in a couple of years?
1,000 mile range by end of decade?

 

[Fred42]

View attachment 598491

I don't know why Elon's doing that. The S is for sale now, and Lucid says the Air will be available in 2022, and the S's EPA range is real and Lucid's is their projection, along with the whole car. Metal in the store with a Monroney on it vs. Powerpoint.

EDIT: But this is OK if the explanation is that Elon's just having a little fun while knowing that the price doesn't much matter because the new S with new pricing will be here soon. (I know opinions on this forum are all over the board on a new LR S: soon; 2 or 3 years out; never.)

 

[DBV1]

Wow - Elon getting aggressive. Competition sure is good! Only going to get better going forward!

 

[AMPd]

Now if only Lucid could announce a great customer service plan to go along with the car, that’d be great!

 

[DanCar]

I'm holding out for a minivan sized vehicle. Where are the BEV minivans?

 

[jelloslug]

Ugg, quit doing this Tesla! I don't want to buy another car right now.