Transportation
Tesla drops prices on the Model S and Model X SUV
Is this the last of the Tesla price drops in 2023 or are we just getting started?
For the second time this year, Tesla has dropped the price of a few of its EV models.
Revealed on the Tesla website (h/t TechCrunch), the Model S and Model X have both had their prices reduced.
The Tesla Model S is now $89,990. Previously, it was $94,990. That’s a price cut of $5,000.
The Model X, on the other hand, is now $99,990. That’s $10,000 less than its previous price tag of $109,990.
As mentioned, these aren’t the first Tesla models to get a price drop in 2023.
In January, the high-performance Model S sedan received a 14% price drop. The standard Model S and Model X also had their prices dropped.
It was the Model Y Long Range, however, that received the biggest discount. It received a 20 percent discount from $65,990 to $52,990.
We’ll have to wait and see if this is the last of the Tesla pricing changes this year. With more companies delivering EVs to consumers every day, Tesla’s pricing strategy will most likely continue to transform.
Have any thoughts on this? Drop us a line below in the comments, or carry the discussion over to our Twitter or Facebook.
Editors’ Recommendations:
- Tesla opens up charging station network to more EVs
- Is it cheaper to charge a Tesla at home or at a Supercharger station?
- GM’s electric Equinox will be one of the cheapest EVs available
- GM and Honda are teaming up to make EVs that compete with Tesla
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