Tesla Increases Prices for Model S/X in North America

Tesla has raised the prices of its Model S and Model X vehicles in North America, a change made late Thursday (via @Tslachan).

Model S/X Price Increases in the US:

• Model S: Increased by $2,000 to $89,990 USD
• Model X: Increased by $2,000 to $94,990 USD

The last time we saw the Model S/X get a price change was back in April of this year, when prices dropped by $2,000. Now that discount is gone. A price increase could suggest increased demand for the Model S and Model X.

The Model S and Model X also saw price hikes in Canada as well (CAD pricing below).

• Model S All-Wheel Drive (AWD): Increased by $6,000 to $103,990
• Model S Plaid: Increased by $2,000 to $124,990
• Model X AWD: Increased by $3,000 to $110,990
• Model X Plaid: Increased by $3,000 to $131,990

Again, back on April 23, the Model S and Model X in Canada saw a $2,000 price drop. That discount is now gone.

Tesla’s Q2 2024 saw roughly 10,000 deliveries of its Model S and Model X, trending downwards. It’s clear the Model 3 and Model Y are the high-volume sellers for Tesla, as they qualify for tax credits and rebates.