Tesla has increased the price of its all-new Model S Plaid by $ 10,000 just a day before the first deliveries at an event later tonight.
The new Model S has not been delivered yet, but it already has a complex history.
It was first to be a new tri-engine version of the Model S with Tesla’s new structural battery pack powered by its new 4680 battery cell.
But when Tesla unveiled the new Model S with a new interior in January, it ended up making this version of the car Model S Plaid + and the Model S Plaid became a triple engine version of the electric sedan with a shorter range.
To complicate matters, the Tesla Model S canceled the Plaid + earlier this week.
Now, just a day before delivery began, Tesla has increased the price of the Model S Plaid by $ 1
It now starts at $ 129,990 before any option or EV incentives, and it comes closer in price to the Model S Plaid + before it was canceled.
The new price comes as Tesla holds a delivery event at the Fremont factory today at 19:00 (22:00 ET).
Tesla has not explained the price increase yet, but the carmaker has been raising prices across its lineup over the past few months.
CEO Elon Musk recently said it was due to “great pressure on supply chain prices worldwide.”
Along with the Model S Plaid price increase, Tesla also increased the price of the Model Y Long Range by $ 500:
Over the past few months, Tesla has increased the prices of most versions of the Model 3 and Model Y by $ 500 each every few weeks.
At the time of writing, the carmaker did not update the price of any version of the Model 3, but the price increases could be underway.
The increase in supply chain costs makes sense as an explanation for the price increases in Model 3 and Model Y, but I’m not sure it makes sense to increase $ 10,000 on Model S Plaid.
Especially considering that Elon said the new Model S is actually cheaper to make.
For such a large increase, I think it has more to do with the demand for the new top-of-the-line Model S.
I assume the new price is only for new orders. Tesla has made this mistake before, but I think they learned from it.
Hopefully we get more details tonight.
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