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A $25,000 electric car is coming, with big implications for automakers and car buyers

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Tesla Model S/X cars are up $2,500 in the US, after three straight drops this year

Tesla’s U.S. website shows that the Model S and Model X car prices in the United States overall increase of $ 2,500 (currently about RMB 17,200)

The summary is as follows:

  • Model X price increased from $94,990 to $97,490 (currently about RMB 671,000)
  • Model X Plaid version price increased from $104,990 to $107,490 (currently about RMB 740,000)
  • Model S price increased from $84,990 to $87,490 (currently approximately RMB602,000)
  • Model S Plaid version price increased from $104,990 to $107,490 (currently about RMB 740,000)

The Tesla Model S and Model X cars have experienced three price cuts in the US since 2023. Tesla CEO Elon Musk said Tesla could sacrifice its industry-leading margins to grow during the recession and keep pace with its competitors in the Chinese market. He said, “Until we perfect our self-driving technology, it’s better to sell more cars at lower margins and reap the profits in the future.”

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