Tesla Model S and Model X Discounted By $7,500 and Offer Free Supercharging
For a while, it seemed like Tesla would never stop raising prices, but earlier this year, the numbers started falling. It appears Tesla isn’t done offering discounts, as it’s giving buyers up to $7,500 off Model S and Model X vehicles in its inventory and is handing out three years of free charging as a cherry on top.
Tesla CEO Elon Musk has noted that the company is ready to deliver more vehicles at the expense of profit as it looks to grow sales by 50 percent globally. The automaker often offers price cuts and bonuses as it nears the end of a sales quarter to boost numbers.
InsideEVs tracks Tesla pricing and shared that the Model S and Model X were already discounted by $5,000 a few weeks earlier, so this latest $2,500 bump adds to the price cut. The free Supercharging offer could be worth thousands, though it’s not like these discounts are making either EV particularly affordable.
The discounted Model S still exceeds $84,000, and the Model X reaches almost $93,000 after the discount. While both are positioned as premium EVs, the number of lower-cost options offering a similar experience is growing, putting pressure on Tesla to be more competitive on price. The good news for the automaker is that the Model 3 and Model Y both qualify for federal EV tax credits, making their far lower prices even more reasonable.
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