TESLA MODEL S PRICE CUT, LUCID AIR BASE PRICE REVEALED AND HYUNDAI KONA ELECTRIC GETS RECALL

EV Channels Review

This episode of the InsideEVs podcast delves into significant updates and price adjustments within the EV market. The Lucid Air's base model pricing and range were revealed, offering a compelling 406 miles of EPA range for $77,400 (before tax credits), a figure that has seemingly spurred Tesla into action. Tesla responded by significantly cutting the prices of its Model S Long Range Plus and Performance variants, with the Long Range Plus notably dropping to $69,420, a move discussed as a reaction to Lucid's entry or potentially to address slowing demand. The podcast also highlights substantial range increases across Tesla's lineup, including the Model S, Model X, Model 3, and Model Y, with the Model 3 Long Range now achieving an impressive 353 miles EPA. Additionally, the upcoming 7-seat Model Y is confirmed for November production, and the ongoing development of Tesla's Full Self-Driving (FSD) beta is discussed, with a cautious approach to its release to select drivers. The hosts express concerns about the clarity and safety messaging surrounding FSD, alongside broader issues of customer education on EV charging and features, even within Tesla's direct sales model.