US: Tesla Now Asks $5,000 More For The Model S/Model X

The Long Range versions of the Model S And Model Y are each $10,000 more expensive than a month ago.

Tesla has just increased the base prices of the Model S Long Range and Model X Long Range versions again by $5,000, or 6% and 5%, respectively.

Considering the previous $5,000 increase reported on July 9, the price is now $10,000 higher than a month ago! Moreover, the estimated delivery time for new orders is now March–April, 2022.

Here are details:

  • Model S Long Range AWD: up $5,000 (or 5.9%) from $84,990 to $89,990
  • Model X Long Range AWD: up $5,000 (or 5.3%) from $94,990 to $99,990

Tesla Model 3/Model Y prices (non-performance versions) have also been increasing quite regularly (every few weeks), but usually by $500 or $1,000 at a time.

Tesla prices

ModelBase PriceDest. ChargeTax CreditEffective Price
2021 Tesla Model 3 Standard Range Plus$39,990+$1,200N/A$41,190
2021 Tesla Model 3 Long Range AWD$49,990+$1,200N/A$51,190
2021 Tesla Model 3 Perf. LR AWD 20″$56,990+$1,200N/A$58,190
2021 Tesla Model S Long Range (AWD) 19″$89,990+$1,200N/A$91,190
2021 Tesla Model S Plaid 19″$129,990+$1,200N/A$131,190
2021 Tesla Model X Long Range (AWD) 20″$99,990+$1,200N/A$101,190
2021 Tesla Model X Plaid 20″$119,990+$1,200N/A$121,190
2021 Tesla Model Y Long Range AWD 19″$53,990+$1,200N/A$55,190
2021 Tesla Model Y Perf. LR AWD 21″$60,990+$1,200N/A$62,190

We guess that the $5,000 price hikes are not that much related to costs or supply chain issues, but rather a direct result of supply and demand. Tesla likely increases prices to benefit from a very strong demand.

An indication that this is exactly the case is the increased estimated delivery time (new orders) of non-performance versions of basically all models.

On the other hand, prices of the Performance versions (Model 3/Y) remain unchanged, while the estimated delivery times are shorter than before.

According to Tesla, Model S/X ordered today will be delivered no earlier than in 2022. The Model 3/Y Long Range versions are also sold out for the next couple of months.

Estimated delivery time (new orders):

Tesla Model 3:

  • Standard Range Plus: 8-14 weeks (previously 7–13 weeks)
  • Long Range: November (previously 10–16 weeks)
  • Performance: 5–8 weeks (previously 7–11 weeks)

Tesla Model S:

  • Long Range: March–April, 2022 (previously September–October, 2021)
  • Plaid: January–February, 2022 (previously September–October, 2021)

Tesla Model X:

  • Long Range: March–April, 2022 (previously January–February, 2021)
  • Plaid: March–April, 2022 (previously January–February, 2021)

Tesla Model Y:

  • Long Range: December (previously October)
  • Performance: 6–8 weeks (previously 7–11 weeks)

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