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.
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)
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)
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)
Related
- Tesla (TSLA) Q2 2024 Earnings Call: Elon Musk talks about Robotaxi, FSD, Optimus, Roadster, Dojo, and the next-gen affordable EV
- Tesla begins the rollout of FSD v12.5 to employees and select external testers (first impressions)
- Tesla (TSLA) wins a multi-billion dollar Megapack deal for battery energy projects in California and Texas
- Tesla (TSLA) raises prices of its flagship Model S and Model X EVs in the US and Canada
- Tesla Model Y RWD owners can unlock 50 miles of extra range for $1,600 via an OTA update
- Elon Musk explains the reason behind the delay of the Robotaxi unveiling event
