At the same time Tesla adjusted pricing across its Model 3 line, the company also made compelling changes to the Model S and Model X.
The Standard Range configuration is no longer being offered for Model S or X. This effectively raises the base price of Model S by $5,000 ($79,990) and Model X by $4,000 ($84,990). Both vehicles start with a Long Range configuration, which includes significantly more range as well as improved performance. The price of the Long Range configuration dropped by $5,000 for Model S and $6,000 for Model X, which represents a better overall value.
As for the Performance configurations, Ludicrous Mode (which improves acceleration by roughly 20%) is now bundled as a standard feature. The Performance variant starts at $99,990 on Model S and $104,990 on Model X, $16,000 and $17,000 less than it had cost with Ludicrous (previously a $20,000 option) added. In addition, a carbon fiber interior trim is available on Performance models at no additional cost.
Like Model 3, Model S and Model X now come standard with Pearl White Multi-Coat paint. Elon explained in a Tweet that his team had convinced him to use the premium paint color rather than a solid white as planned due to “service repair complexity.” Solid Black is available as a $1,000 option.
Autopilot is included, while Full Self-Driving remains a $6,000 option until the price is raised by an anticipated $1,000 on August 16th.
Tesla made the right moves in adjusting configurations, as the Standard Range models were software-limited and felt unnecessary in comparison to the higher trims. The incredible 370-mile range on Model S is a stronger selling point for the vehicle and showcases Tesla’s progress. Currently, we feel the value across Tesla’s lineup is the strongest it’s ever been.
Want to keep tabs on the used Tesla market so you can snap up a good deal before anyone else? Bookmark our listings page.
Want a 100% free Net Present Value estimate on your Tesla? Contact me directly at firstname.lastname@example.org