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Tesla Model S update shown in Q4 2020 earnings release

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Tesla on Wednesday showed off a major redesign to its electric sedan, the Model S, in its 2020 fourth quarter earnings report.

The company shared pictures of its new interior and exterior of the car that’s set to launch later this year. It also introduced its “Plaid” offering, a tri-motor powertrain that would allow the car to go from zero to 60 miles per hour in under 2 seconds. The new Model S starts at $79,990. Its Plaid version starts at $119,990.

CEO Elon Musk said on an earnings call Wednesday that Model S Plaid was in production now and will be delivered starting in February.

“It’s really a tremendous improvement over the prior version,” Musk added.

At end of 2020 Tesla shut down…



Source cnbc.com

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