Sumary of Tesla Introduces Upgraded Model S:
- The redesign of the Model S is the latest sign that Tesla has evolved from a sprightly startup challenging incumbents with new vehicles, to an established manufacturer that also has to upgrade legacy models to keep potential buyers interested..
- The revamp comes nearly a decade after Tesla launched the car, which became one of the world first widely sold battery-powered vehicles..
- The delay means Tesla has so far largely missed out on this year booming demand for luxury vehicles, which typically are more lucrative for auto makers..
- sales of vehicles priced above $80,000 more than doubled in the first five months of the year, from the same period in 2019, according to research firm J.D….