Synopsys Q2 Revenue Forecast Misses Expectations Amid China Export Curbs and AI Shift 
OpenAI Faces Scrutiny After Banning ChatGPT Account of Tumbler Ridge Shooting Suspect 
Meta Signs Multi-Billion Dollar AI Chip Deal With Google to Power Next-Gen AI Models 
Coupang Reports Q4 Loss After Data Breach, Revenue Misses Estimates 
Amazon’s $50B OpenAI Investment Tied to AGI Milestone and IPO Plans 
Trump Pushes Tech Giants to Build Power Plants to Offset AI Data Center Energy Costs 
Samsung Electronics Stock Poised for $1 Trillion Valuation Amid AI and Memory Boom 
Federal Judge Blocks Virginia Social Media Age Verification Law Over First Amendment Concerns 
AWS Data Center in UAE Hit by Fire After Objects Strike Facility Amid Regional Tensions 
U.S. Deploys Tomahawks, B-2 Bombers, F-35 Jets and AI Tools in Operation Epic Fury Against Iran 
OpenAI Secures $110 Billion Funding Round at $840 Billion Valuation Ahead of IPO 
Australia Targets AI Platforms With Strict Age Verification Rules 
OpenAI Hires Former Meta and Apple AI Leader Ruomin Pang Amid Intensifying AI Talent War 
Anthropic Resists Pentagon Pressure Over Military AI Restrictions 
Nvidia Earnings Beat Expectations as AI Demand Surges, Stock Rises on Strong Revenue Outlook 
COVID-19 has visibly affected the world’s economy with many people left without a job or with very limited resources, thus, companies having a little difficulty pushing out its commodities. No matter how popular Tesla is, it seems like it is also suffering the same fate at this point as most of the vehicles receive up to $5,000 price cuts.
How much are Tesla Model 3, S, X right now
Every vehicle Tesla has on the market, except for Model Y – its latest car released – were noticed to have lower prices right now. The company has yet to address the price changes, but the pandemic is the only likely reason that caused it.
Tesla’s entry-level vehicle, the Model 3, now has a starting price point of $37,990 instead of the original $39,990. Bigger price reductions were observed on the more expensive Model S and Model X as variants of the electric vehicles are now cheaper by $5,000. People can now purchase the Model S Long Range Plus at $74,990 while its Performance battery is now at $94,990. Tesla Model X’s Long Range Plus now starts at $79,990 while the Performance variant is just below $100,000.
As mentioned, the Model Y price points remain the same. Aside from being just released last March, Electrek suggests that its exemption from the price cuts could be because Tesla does not have an issue in pushing the vehicle out into the market. The same report pointed out that the company still has a “backlog” in Model Y deliveries, so it would not make sense for it to join the unannounced discounts.
It also appears that the market cost reductions will be in effect for Tesla vehicles sold in China, particularly the Model S and Model X. The Verge reported the company’s official Weibo account confirmed the price changes.
Tesla Cybertruck accelerates just like the smaller Tesla cars, Jay Leno guarantees
Tesla Cybertruck is placed in the spotlight recently as it was featured in an episode of “Jay Leno’s Garage” on CNBC. Leno was seen driving the electric pickup with Elon Musk, and while behind the wheel, the former late-night show host commented at how it felt just like the smaller Tesla cars in terms of acceleration.
Tesla’s website indicates that the Cybertruck could from 0 to 60mps in about 6.5 seconds, it is a noteworthy specification considering the size of the vehicle. The Cybertrunk is planned to enter production in late 2021 with a price tag that starts at $39,900 for Single Motor Rear-Wheel Drive.
Featured photo by Steve Jurvetson, via Flickr, licensed under Creative Commons
