Tesla Hikes Model S, Model X Prices With Minor Updates, New Paint Option
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The Model S Long Range now offers up to 410 miles of range on the redesigned 19-inch Magnetite wheelsan improvement of just 5 miles. The new 21-inch Velarium wheels reduce range to 380 miles, two miles less than the previous version. The Model X receives similar cosmetic updates and slightly more space for third-row occupants, although Tesla did not provide detailed specifications.
Pricing has increased to $84,990 for the Model S Long Range and $99,990 for the Plaid version. The Model X Long Range now starts at $89,990, while the Plaid variant is priced at $104,990. Tesla did not include upgrades such as 800-volt battery architecture or 48-volt systems, features that are increasingly common in rival EVs.
With Tesla delivering just 12,881 units of its "other models" segmentincluding the Model S, Model X, Cybertruck, and Semiin the first quarter of 2025, analysts say these modest updates are unlikely to reverse the broader decline in demand for the company's flagship vehicles.
This article first appeared on GuruFocus.
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