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
Iqtidar has been writing about Tesla, Elon Musk, and EVs for more than 3 years on XAutoWorld.com, many of his articles have been republished on CleanTechnica and InsideEVs, maintains a healthy relationship with the Tesla community across the Social Media sphere. You can reach him on Twitter @IqtidarAlii

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