Photo: Tesla
Tesla appears to be selling off some of the existing inventory of its Model S and X units in the U.S., as spotted by @Tslachan on Thursday.
As Tslachan points out, many of the vehicles in Tesla’s inventory are demo vehicles, with some having less than 50 miles on their odometers.
Users in the thread noted that it could be related to Tesla’s upcoming HW4 vehicles, which reports in recent weeks suggested would be coming to both the Model S and X. It could mean that Tesla is selling off Model S and X inventory with HW3 so that it can begin producing all new units with the HW4 computing system.
Some pricing examples for 2023 Model S as of writing:
…and for 2023 Model X:
While the existing inventory listings note “demo vehicle”, most have odometers with less than 50 miles, indicating they are likely new cars. Inventory will vary depending on your location. Discounts are also available on existing Model S and Model X inventory in Canada.
$TSLA
🇺🇸Tesla seems to be starting to sell Model S/X at a discount from existing inventory.
– Demo vehicle and some are Less than 50 mile odometer pic.twitter.com/SSlltWC9F0— Tsla Chan (@Tslachan) February 24, 2023
Tesla’s HW4 leaked online from an alleged Model X refresh last week, with code sleuth @greentheonly documenting differences between the new hardware and HW3.
Last month, another HW4 document leaked showing that Tesla will probably reduce the number of front cameras on the system from three to two.
The news also comes over a month after massive price cuts hit Tesla’s entire lineup, slashing purchase costs by as much as $21,000 on some models.
It also comes after CEO Elon Musk said that Tesla demand was at an all-time high last month at the automaker’s Q4 2022 earnings call.
