2023 Tesla Model S and Model X Receive Significant Price Cuts

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2023 Tesla Model S and Model X Receive Significant Price Cuts
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Pricing on the Model S drops by $5000, and the Model X now costs roughly $10,000 less than before.

The Model X now starts at $101,380, and the Model S starts at $91,380; Plaid versions of each now start at $111,380.for the Model Y SUV—the Model S and X received markdowns too.

If yesterday you bought either a Tesla Model S or Model X at full price, you might not be too happy to read this: Tesla has once again introduced significant price cuts. The latest move sees the starting prices of the 2023 Model S and '23 Model X drop by roughly $5000 and $10,000, respectively.The Model S now starts at $91,380—down from $96,630. The Model X now starts at $101,380—down from $111,630. The high-performance Plaid versions of each now start at $111,380.

That brings the price of the Model S down by around 4 percent; the Model X's price is down by about 9 percent. Even with the most recent price cuts, the Model S and Model X are Tesla's two most expensive vehicles by a considerable margin.This marks the second time this year Tesla has implemented large markdowns for its most expensive models, with both the Model S and Model X having their prices dropped by roughly $10,000 in January.

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