Tesla Raises Prices on Discontinued Models S and X by $15,000

Tesla has increased the prices of its last Model S and Model X electric vehicles by $15,000. The decision comes as a result of market changes, with experts advising consideration of used Teslas due to the rise in car prices.

TSLA raised prices by $15,000 on remaining U.S. inventory of the Model S and Model X — its flagship sedan and SUV lines — bringing the standard Model S to $109,990 and the Plaid variant to $124,900, while the Model X starts at $114,900. The move runs counter to automotive industry convention: discontinued models are typically discounted to clear inventory. Tesla has fewer than 600 units of each remaining in U.S. inventory.

CEO Elon Musk confirmed that the Fremont factory lines dedicated to Model S and Model X production will be retooled to manufacture Optimus humanoid robots, ending over a decade of production for both models. With production officially ended, the remaining inventory units are effectively collector items from Tesla's flagship era, and the company is pricing them accordingly. Rising used car prices — driven by persistent inflation in the auto market — provide external support for the premium.

For TSLA investors, the Model S and X pricing decision is a tactical footnote rather than a material driver. What matters more is the Optimus retooling timeline and whether humanoid robot production can ramp to become a meaningful revenue contributor before Tesla's core EV delivery growth plateaus. The factory transition itself is the most tangible signal yet of Musk's commitment to betting Tesla's manufacturing capacity on robotics over the legacy premium EV lineup.