Tesla Announces Model S and Model X Refresh
Alongside the fourth-quarter and full-year 2020 results Tesla (NASDAQ: TSLA) released on Wednesday, the company also made some surprise product announcements. The company overhauled the design of its flagship Model S and X vehicles, including new steering wheels, a new display in the back seat, and more.
These upgrades to Tesla's Model S and X show that the company wants to continue investing in the expensive models, making them more attractive to potential buyers. Model S and X sales have slowed in recent years. Perhaps they will return to growth after these improvements.
Source Fool.com