Every Tesla SUV Price Listed After Major Price Cuts
Tesla is slashing prices to remain competitive as new rivals hit the scene. The EV space has never been so active. Here’s how much every available version of every Tesla SUV costs following recent price cuts.
How much does the Tesla Model Y cost in 2023?
The 2023 Tesla Model Y is available in two trim levels: the Long Range and the Performance. The Tesla Model Y Long Range starts at $54,990 after price cuts. The Model Y Long Range makes 384 horsepower and 376 lb-ft of torque. It has 318 miles of driving range. The small electric SUV can go from 0-60 miles per hour in 4.8 seconds. It has a top speed of 135 miles per hour.
The Tesla Model Y Performance starts at $58,990. It makes 456 horsepower and 479 lb-ft of torque. The Model Y Performance has 303 miles of driving range. It can go from 0-60 miles per hour in just 3.5 seconds. The 2023 Tesla Model Y Performance has a top speed of 155 miles per hour.
Tesla’s small electric SUV is one of the most popular electric vehicles ever made. The EV has made an international impact, and in many ways, it’s the electric SUV to beat. It may not be affordable enough for most drivers, but Tesla is looking to provide the most value for the money to win back market share from competitors.
How much does the Tesla Model X cost after price cuts?
The Tesla Model X is the automaker’s midsize SUV. The Model X comes in two configurations: the Dual Motor All-Wheel Drive and the Tri Motor All-Wheel Drive. The 2023 Tesla Model X Dual Motor All-Wheel Drive starts at $99,990. It makes a whopping 670 horsepower. The Model X gets an estimated 351 miles of estimated driving range. It can go from 0-60 miles per hour in 3.8 seconds and has a top speed of 149 miles per hour.
The 2023 Tesla Model X Tri Motor All-Wheel Drive, AKA the Model X Plaid, now starts at $109,990. The electric SUV makes an astounding 1,020 horsepower. It has an estimated 333 miles of driving range. The Model X travels from 0-60 miles per hour in 2.5 seconds and has a top speed of 149 miles per hour.
The Tesla Model X Plaid is far too expensive for the average consumer, but its performance specs are mind-blowing. Driving a Model X Plaid is a one-of-a-kind experience that many auto enthusiasts covet.
Tesla SUV price breakdown
Tesla is notorious for price fluctuations. The brand’s SUVs have regularly increased and decreased in price in recent years. For the first time in months, both of the brand’s SUVs are significantly more affordable thanks to price cuts and tax credit eligibility. Below is a table of former and current Tesla SUV prices.
|Tesla SUV Old Prices||Tesla SUV Updated Prices (As of March 2023)|
|Tesla Model Y Long Range: $53,990||Tesla Model Y Long Range: $54,990|
|Tesla Model Y Performance: $56,990||Tesla Model Y Performance: $57,990|
|Tesla Model X Dual Motor: $109,990||Tesla Model X Dual Motor: $99,990|
|Tesla Model X Tri Motor (Plaid): $119,990||Tesla Model X Tri Motor (Plaid): $109,990|
Notice that the Model Y Long Range and Performance previously had lower starting prices. According to Reuters, Tesla bumped up prices for its small electric SUV, but the EV is eligible for the full federal electric vehicle tax incentive for a limited time.
So, consumers should be able to get a tax credit of $7,500 for the Model Y. The Model X is ineligible because it starts over $80,000. Tesla’s pricing is hard to keep up with. The automaker is attempting to stay competitive in an evolving industry. Will the brand’s recent price updates help or hurt it?