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Elon Musk announced on Twitter today that the Tesla Model S "Long Range" sedan is getting a price cut to $69,420, just undercutting competitor Lucid.

Nice

Nice.

Elon Musk Slashes Tesla Model S Price to $69,420

According to raw video footage uploaded to YouTube on Thursday, Lucid completed a lap of Laguna Seca in a blistering 1:33 using a tri-motor Air prototype.

Who's Faster?

Step aside, Tesla and Porsche.

Tesla Competitor Lucid Beats Model S Prototype Record on Racetrack

Tesla competitor Lucid Motors claims to have beaten a Tesla Model S in a quarter mile race, covering the distance in a blistering 9.9 seconds.

Dick Measuring Contest

The competition is really starting to heat up.

Lucid Motors Claims to Have Beaten Tesla Model S on Drag Strip

Electric car company Lucid Motors just announced that its Lucid Air luxury sedan "will be the fastest charging electric vehicle ever offered."

Charge So Fast

About 300 miles of range in just 20 minutes of charging.

Tesla Competitor Claims Its Car Will Be the "Fastest Charging" EV Ever

Tesla competitor Lucid Motors claims its Air electric sedan has a whopping 517 miles (832 km) on a single charge, as certified by the EPA.

Road Tripper

Is this the range anxiety killer we've been waiting for?

Tesla Competitor, Lucid, Claims Their Car Will Have a 517 Mile Range

In yet another blog post, Elon Musk elaborates on why he decided to keep Tesla public. But will he convince shareholders?

Musk will have to contend with more scrutiny and more competition as he works furiously to meet Tesla's ambitious production goals.

Tesla's Staying Public. Now The Stakes Are Even Higher.

That's the same speed as a Ferrari, in case you were wondering. 

An All-Electric Vehicle Just Reached 217 MPH in a High-Speed Test

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