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Tesla's Model S price to be cut to $69,420 -Musk

Oct 14 (Reuters) - The price of Model S sedan will be cut to $69,420 tonight, Tesla Inc Chief Executive Officer Elon Musk said in a tweet bit.ly/2H0JCP0 on Wednesday.

Tesla on Tuesday cut the price of its Model S “Long Range” sedan by 4% in the United States, days after the electric-car maker reported record quarterly deliveries.

Reporting by C Nivedita in Bengaluru; Editing by Anil D’Silva

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