Tesla Increases Prices by $15,000 on Remaining New and Demo Model S and Model X Vehicles

Tesla Inc. has adjusted the pricing for its remaining new and demonstration Model S and Model X vehicles in inventory. The company increased prices by $15,000 across these models, as reported by @SawyerMerritt on social media. This change affects vehicles that are currently available for purchase and does not apply to future production or orders.

The Model S and Model X lines are Tesla's flagship electric sedans and SUVs, respectively. The Model S offers all-wheel-drive (AWD) and Plaid performance variants, while the Model X includes similar AWD and Plaid options with falcon-wing doors. These models compete in the luxury electric vehicle segment against brands like Porsche and Lucid Motors.

Under the new pricing structure, the starting price for the Model S AWD is $109,990. The Model S Plaid starts at $124,900. For the Model X, the AWD variant begins at $114,900, and the Plaid version at $129,900. These figures represent the base prices before any options, taxes, or incentives.

Tesla frequently adjusts vehicle prices based on production costs, demand, and market conditions. Previous price changes for the Model S and Model X occurred in 2021 and 2023, often in response to supply chain factors and battery material expenses. The current increase targets only the limited inventory of new and demo units, which are pre-built vehicles at dealerships or service centers.

Demo vehicles typically include low-mileage units used for test drives or displays. With Tesla's shift toward direct sales and over-the-air updates, inventory levels for these higher-end models remain relatively low compared to mass-market vehicles like the Model 3 and Model Y.

This price adjustment impacts potential buyers seeking immediate delivery of Model S or Model X vehicles. Customers who placed orders before the change may not be affected, depending on Tesla's policies. Dealerships and Tesla's online configurator now reflect the updated prices.