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Tesla Inc (NASDAQ: TSLA) appears to have once again increased the range of its Model S.
What happened: According to an Electrek report on Saturday, the electric vehicle maker appears to have increased the range of its Model S Long Range Plus to 409 miles on a single charge. The previous range was 402 miles.
A photograph submitted by a reader reviewed by Electrek shows a model produced this month. It wears a vehicle sticker indicating an updated range of 409 miles. It is not known whether hardware or software improvements led to this increase.
This information has not been verified and has not yet appeared in the official description of the vehicle by Tesla.
Why is this important: Tesla was competing with the electric vehicle from Lucid Motors, which unveiled its Air model with a range of 406 miles in October.
Price action: Tesla shares closed down 1.93% at $ 489.61 on Friday and rose 0.20% to $ 490.60 after hours.
Image: Courtesy of Tesla
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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