Tesla drops cheaper Model S, Model X options
Tesla’s TSLA, -0.39% configuration pages for the luxury sedan and the luxury SUV, where potential customers go to design and order their cars online, now sport a simpler “long range” and “performance” options for those vehicles.
“Tesla continues to drive a wedge between Model 3 and S and X in an effort to get the most out of the premium customers while attracting as many entry-level customers as possible,” Gene Munster of venture-capital firm Loup Ventures said in a tweet. Analysts polled by FactSet expect Tesla to report an adjusted loss of 42 cents a share on sales of $6.5 billion in the quarter, which would compare with an adjusted loss of $3.06 a share on sales of $4 billion in the year-ago period.
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