Tesla hikes Model S/X prices by $1K and Model Y by $250

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Tesla, Inc. (TSLA) has made changes to its car prices for the 2nd time in May and we’re not halfway through the month yet.

The prices of Model S, Model X, and Model Y were increased but Model 3 prices remained immune this time. Tesla did not increase the price of the Model 3 probably due to the rumored design refresh Project Highland Model 3 is just around the corner.

Tesla increased the prices of Model S & X by $1,000 and $250 for each Model Y variant (complete list below).

The world-leading electric automaker has been on a mission to make sustainable transportation affordable. Tesla car prices have significantly dropped overall this year. But the macroeconomic conditions have been a factor for occasional price increases.

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Tesla Model S New Prices

Here are the new Tesla Model S prices after the increment of $1,000 across all variants:

  • Tesla Model S Long Range AWD: $88,490 (previous: $87,490)
  • Tesla Model S Plaid: $108,490 (previous: $107,490)
Screenshot: Prices of all the variants of the Tesla Model S in the United States as of 12th May 2023.
Screenshot: Prices of all the variants of the Tesla Model S in the United States as of 12th May 2023. Source: Tesla online car configurator.
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Tesla Model X New Prices

Here are the new Tesla Model X prices after the $2,500 increase across all variants:

  • Tesla Model X AWD = $98,490 (previous: 97,490)
  • Tesla Model X Plaid Tri-Motor AWD = $108,490 (previous: 107,490)
Screenshot: Prices of all the variants of the Tesla Model X in the United States as of 12th May 2023.
Screenshot: Prices of all the variants of the Tesla Model X in the United States as of 12th May 2023. Source: Tesla online car configurator.

Tesla Model Y New Prices

Tesla Model Y also received a small price increase of $250 for each variant. Here’s the list of new prices as of 3rd May 2023:

  • Tesla Model Y = $47,490 (previous: $47,240)
  • Tesla Model Y Long Range AWD = $50,490 (previous: $50,240)
  • Tesla Model Y Performance = $54,490 (previous: $54,240)
Screenshot: Prices of all the variants of the Tesla Model Y in the United States as of 12th May 2023.
Screenshot: Prices of all the variants of the Tesla Model Y in the United States as of 12th May 2023. Source: Tesla online car configurator.

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Iqtidar Ali
Iqtidar Alihttp://www.teslaoracle.com
Author of more than 1500 articles on Tesla, SpaceX, and EVs. His work has been liked and tweeted by Elon Musk and other prominent influencers. You can reach him on Twitter @IqtidarAlii

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