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Wednesday, December 25, 2024

Tesla increases Model S price by another $5,000 - Electrek

Last updated Wednesday, August 4, 2021 03:00 ET , Source: NewsService

Tesla has increased the price of the base Model S by another $5,000 – making it a $10,000 base price increase in less than a month.

Since the beginning of the year, we have been covering a seemingly continuous series of price increases throughout Tesla’s vehicle lineup.

However, it has particularly affected Model 3 and Model Y vehicles since Tesla hasn’t been delivering Model S and Model X as the updated versions of the new electric vehicles were delayed.

In June, Tesla finally started deliveries of the new Model S – starting with the new Plaid top performance version, which also saw a $10,000 price increase last month.

A few weeks later, as Tesla started delivering the new base version of the Model S, Model S Long Range, Tesla increased the price of the vehicle by $5,000.

Today, Tesla updated its online configurator and again increased the price by $5,000:

The price went up from $84,990 to $89,990 overnight, and it now adds up to a $10,000 increase over the last month.

That’s despite Tesla delivering a limited amount of the base version of the new Model S as it focuses on deliveries of the Plaid version, which still starts at $129,990.

The automaker also recently updated the Model S delivery timelines for new orders and currently lists March-April for new orders for the Model S Long Range in the US.

That’s despite Tesla recently claiming that it could ramp up Model S/X production back up to ~2,000 units per week by the end of the year.

Electrek‘s take

Tesla has recently...



Read Full Story: https://electrek.co/2021/08/04/tesla-increases-model-s-price/

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