Tesla (TSLA) Model S and Model X Prices Raised by $5,000

October 25, 2021 6:41 AM EDT

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Tesla (NASDAQ: TSLA) has once again increased its product pricing while it also continues to experience very robust demand.

The EV company raised Model S and Model X prices by a further $5,000, a day after raising the base prices of both Model 3 and Model Y by $2,000.

The Model S Long Range price went from $89,990 to $94,990 for the cheapest version. In January, the same car was selling for $80,000.

Similarly, the Model X Long Range price went from $99,990 to $104,990. Furthermore, the official website shows that buyers of the new Model X would have to wait almost a year to get their new car delivered.

Shares of Tesla closed at $909.68 yesterday.

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