Tesla Prices Are Higher Than Ever, and Be Prepared to Wait

The Model 3 starts at $48,440, while the Model S and Model X both start above $100,000. If you order a Model X today, Tesla estimates it won't arrive until 2023.

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Tesla
  • Tesla has raised prices on its entire lineup once again.
  • The Model 3 now starts at $48,440, while the Model S costs $101,440 to start.
  • The soonest you can get a Tesla if you order one now is 4–10 weeks, for a Model S Plaid. Tesla estimates a base Model X won't arrive until May 2023 if ordered now.

    Like many things in this current world, the prices of Tesla electric vehicles has gone up. Tesla's entire lineup now costs more, with the base prices of the Model 3, Model Y, Model S, and Model X all rising by a few thousand dollars recently. According to Tesla's website, buyers who order now should also be prepared to wait between several months to over a year for their new vehicles to arrive, depending on the configuration they choose.

    The Model 3, once promised to be Tesla's breakthrough into more affordable territory, now starts at $48,440—nearly $6000 more than a base BMW 3-series. And the Model Y, its crossover companion, starts at $64,440. The wait for this cheapest version of the Model 3 spans until August, while a base Model Y that's ordered today isn't estimated for delivery until December.

    The Model S first crested $90,000 last August, and now its base price has risen into six-figure territory, starting at $101,190. The Model X SUV starts at $116,190 and has the longest estimated wait times of any Tesla model: the soonest you can get a base model is quoted at January 2023. Interestingly, the more powerful Plaid versions of both the Model S ($137,440) and Model X ($140,440) are estimated to arrive sooner than their cheaper equivalents.

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    Tesla CEO Elon Musk recently tweeted about inflation and logistical issues, claiming that the cost of raw materials has gone up. It's only logical that this would be the root cause of these price increases. Tesla's online ordering model also means that its price changes show up more directly to consumers compared to the traditional dealer model. Many dealerships have added markups to push vehicle prices well over MSRP, and data shows that shoppers have been paying over sticker price for new vehicles recently.

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