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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.

Model S. Image source: Tesla.

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Source Fool.com

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