Tesla Motors announced three offerings related to its Model S all-electric sedan Friday, and updated progress on its next two cars. CEO Elon Musk said in a conference call that the company would offer an upgraded 90 KWH battery in the Model S for $3,000, drop the price for a single-motor Model S to $70,000, and upgrade the Model S to “ludicrous mode,” which allows for 0-to-60 acceleration in 2.8 seconds. In the call, Musk also said Tesla’s next car, the Model X SUV, is on track for deliveries in two months and the Model 3, a planned mass-market car, in a bit more than two years. Tesla stock gained 2.7% heading into the announcement.
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