TESLA DECIDES TO SLASH PRICE OF MODEL S TO $69,420

Highlights

• Tesla Inc led by Chief Executive Elon Musk has decided to cut the price of its Model S “Long Range” sedan in the United States to $69,420

• This is the second cut imposed by Tesla this week of its premium-level sedan that followed a 4 percent cut to $71,990 on Tuesday

• Model S was introduced Tesla in the year 2012, though in last few years it has faced serious competition f....