Tesla Ups Model X Prices in the US, Now Starting at $84,990

Image Credit: Reuters

Tesla (TSLA) has raised the prices of its Model X vehicles in the United States by $5,000, as reflected on its website on Thursday.  

The Model X all-wheel drive now starts at $84,990, up from its previous price of $79,990. Meanwhile, the plaid variant has increased from $94,990 to $99,990.  

This follows a similar price hike last December, when Tesla raised the cost of its Model S in the U.S. by $5,000, and more recently, increased prices across all models in Canada starting February 1.  

Tesla has not disclosed a specific reason for the latest price adjustment. However, the company has been working to lower production costs and noted in January that material and labor expenses per vehicle reached a record low in the fourth quarter, driven by declining raw material prices.

 

 

 

 

 

Paraphrasing text from "Reuters" all rights reserved by the original author.