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  • Drew Dowdell
    Drew Dowdell

    Tesla quietly raises Model-S and Model-X prices by $15,000 or more

      Dropping the base 75D, the new entry-level for Model-S and Model-X is the 100D. 

    Tesla is moving further into exotic car territory with the Model-S and Model-X.  Elon Musk announced in a tweet on January 9th that after January 13th, the 75D versions of both vehicles would no longer be available for order and the new entry-level model will be the 100D.

    The starting price for Model-S 75D is $76,000. That gets you an AWD EV with 259 miles of range that can do 0-60 in 4.2 seconds. Telsa's AutoPilot is available for an additional $5,000. Moving to the 100D is an increase of $18,000 to $94,000. That increases the range to 335 miles and cuts a tenth of a second off the 0-60.

    The Model-X 75D starts at $82,000 with a range of 237 miles. With that gone, the new base Model-X 100D results in a $15,000 increase in Model-X base price to $97,000 with an increase of range to 295 miles. 

    These price increases come on the back of the reduction in federal tax credits that begin this year, from $7,500 to $,3750.  That brings the total effective price increases for the Model-S and Model-X to $21,750 and $18,750 respectively. After June 30th of this year, the tax credit will fall further to $1,875.

    The Model-S and Model-X have been selling well against such heavyweights as the Mercedes S-Class and BMW X5. However, Porsche, Jaguar, Mercedes, and Audi, as well as upstart Rivian , are all releasing competitors to the Telsas in the coming months. Whether Tesla can maintain that momentum with $20,000+ price increases remains to be seen.

    Hat tip to reader @balthazar for pointing us to this story.

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