Tesla pulls the plug on Model S Plaid Plus plan

American electric vehicle maker Tesla Inc (NASDAQ:TSLA) has officially cancelled the most expensive variant of its flagship sedan – the Model S Plaid Plus.

“Plaid+ is canceled. No need, as Plaid is just so good,” tweeted Tesla CEO Elon Musk, who has about 50 million followers on the micro-blogging website. 

 “0 to 60mph in under 2 secs. Quickest production car ever made of any kind. Has to be felt to be believed,” he added.

Previously, the company and its CEO had promised its fans the tri-motor, Plaid Plus version of their new Model S, that would give its drivers 1,100 horsepower, 520 miles of range on a fully charged battery. It also assured of an acceleration from 0 to 60 mph within two seconds.

                       

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The company had earlier planned a delivery ceremony at the Tesla factory in Fremont, California by June 3. However, as the date approached nearer, Mr. Musk delayed the ceremony to June 10, adding that there was “one minor tweak” in the car. However, three days before its delayed delivery, Mr. Musk has now completely pulled the plug on the program.

The option to order the Model S Plaid Plus was removed from Tesla’s website in the last week of May, as per the reports.

Tesla, like many of its competitors in North America, has been grappling with supply chain issues. The chip shortage in the US has crippled the vehicle makers badly.

The company did not produce a single higher-priced Model S or Model X vehicle during the first quarter of 2021.

Earlier it had said that the company was ditching radar and replacing it with a camera-based system to enable Autopilot features in its Model 3 and Y vehicles in the Canadian and the US markets.

Despite this, shares of Tesla closed 4.58% up at US$599.05 in New York overnight.

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