Tesla Drops Cheapest Model S to Pave the Way for Model 3

By Claiborne Booker Buyers have until April 16 to order Tesla’s Model S 60, after which its cheapest model will be the S 75 and the barrier to entry after-tax-credit will rise from $71,300 to $77,800.
Tesla’s move came shortly after Lucid Motors announced initial pricing for its Air sedan, which is scheduled for initial deliveries in early 2019. Using the same net pricing after the $7,500 federal credit, the Air will start at $52,500.
SEE ALSO: How Many Tesla Model 3 Buyers Will Be Eligible For $7,500 Federal Tax Credits?
Tesla also recently tapped the capital markets for an additional $1.2 billion to help launch

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