Tesla slashes Model S and X US prices by up to $10,000 | Engadget

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Tesla slashes Model S and X US prices by up to $10,000 | Engadget
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Tesla slashes Model S and X US prices by up to $10,000

It's the second time this year the company has chopped prices, so the Model X has dropped $21,000 from $120,990 at the beginning of the year to just $99,990 currently. The Model S, meanwhile, has fallen from $104,990 to $89,990 since January 1st — a steep $15,000 reduction.

Neither car qualifies for Federal Tax rebates set to expire later this month, as those only apply to SUVs priced below $80,000 and cars under $55,000. Still, they're likely to push many fence-sitters over the edge. That tracks with what CEO Elon Musk said on Tesla Investor's Day, that"the desire for people to own a Tesla is extremely high... [but] the limiting factor is their ability to pay for a Tesla."You can disable notifications at any time in your settings menu.

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