Automaker to represent updated design of Model S

Published:

On: Jan 2021

On Wednesday, the topmost automaker giant of the United States, Tesla showcases a significant redesign of its electric sedan which is also known as the Model S. The company released its updated version of Model S in the 4th quarter earnings report last year. According to the familiar source, Tesla shared some images of its brand-new interior and exterior design of the vehicle which is scheduled to be launch by the end of this year.

Furthermore, it demonstrated its Plaid offering which is a tri-motor powertrain that would permit the vehicle to move from 0 to 60 miles per under in two seconds. The all-new electric sedan priced at $79,990, whereas, its Plaid version costs $119,990. The CEO of Tesla, Elon Musk said in an earnings report that Model S Plaid was under production now and it will be launched in February. It seems to be excellent advancement over the prior version.

At the end of 2020, the leading carmaker firm closes its production lines for the Model S and Model X in its Fremont factory in order to develop the updated version of the vehicles, an electric sedan, and SUV along with falcon-wing doors. The company said in a statement that production will restart in the first quarter and increase production to full capacity over time to meet enriching demand.

The officials of the company said that, over the last few weeks, we have been upgrading our Fremont plant to establish the new Model S and Model X. These modifications contain a new powertrain, along with a completely new interior, exterior updates, and other modifications. In 2020, Model S and X of Tesla decreased massively and as a result priced to almost 18,966 in the Q4. 

The company does not arise vehicle sales by individual model-type. As per the report, the two models production declined 10 percent year over year to nearly 16,097 in the 4th quarter. It also offered some production guidance, elaborating over a multi-year horizon, as it anticipates grabbing 50 percent of average annual growth in deliveries of cars. Reportedly, the firm expects faster delivery growth for 2021.