Tesla raises prices of Model S and Model X

Tesla prices are a moving target as the company adjusts to keep up with market realities. The EV maker has done it again by increasing the Model S and Model X prices. However, Tesla is sweetening the deal by throwing in 3 years of free Supercharging.

While Tesla rang in the new year with significant price cuts, it has now gone in the opposite direction by increasing the prices of the Model S and Model X, the most expensive models in its stable.

Tesla added about $2,500 to the price of the Model S sedan, which now starts at $87,490. The price increase applies to the Long Range and Plaid versions. The Model X now starts at $97,490.

Tesla Model S new price
Tesla Model X new price

Both Model S and Model X buyers get three years of free charging at Tesla’s Superchargers.

The last quarter saw a huge discrepancy between the number of Model S and Model X Tesla produced and the number delivered. The company attributed it to a large number of the EVs remaining in transit to Europe and Asia.

New buyers of the Model S and Model X will have more than enough opportunities to redeem their charging credit as Tesla aggressively expands its Supercharger network. The company added about 30 new chargers daily in the first three months of the year.

Are you buying a Tesla? If you enjoy our content and we helped in your decision, use our referral link to get C$2,600/US$2,000 off your purchase.
Previous Article

Tesla releases rebate eligible Model Y RWD with LFP batteries in Canada, Long Range now also qualifies for rebate

Next Article

Polestar Canada reports 570 Polestar 2 sold in Q1 2023; debuts electric Roadster concept

You might be interested in …

Tesla stock market

Another Tesla analyst, this time from Morgan Stanley, has raised his ‘bull case’ price target for TSLA to $500

Earlier this week investment firm Piper Jaffray labelled Tesla’s stock as a “must-buy”, and raised their price target up to $436. Now another analyst has revised his Tesla bull case, if things go according to […]