Tesla increases prices on next EU batch of Model S and Model X —sparking refresh rumors

[tacobell fan]

Tesla has increased prices significantly for the next European batch of Model S and Model X vehicles.

It is sparking rumors of a refresh.

Tesla owners across Europe are reporting that the automaker updated its online configurator with an important price increase across the board.

Model 3 is seeing a smaller price increase between €500 to €1,000, but Model S and Model X are seeing much larger price increases.

Prices vary in different markets, but the price of both vehicles is roughly €5,000 ($6,000 USD) more expensive after the update.

In Germany, the Model S now starts about €82,000 or the equivalent of $98,000 USD:

This price increase follows significant price drops for those vehicle programs in the US.

Model S is now about $30,000 more expensive in Germany than in the US. The former includes taxes in the price, but taxes in Germany are going to go down to 19% in 2021 — technically making the increase even more significant.

The increase in Europe is for the next batch of Model S and Model X vehicles that Tesla plans to produce, and they won’t be delivered until March 2021.

In the US, prices are staying at the same all-time low, but Tesla is listing a three- to five-week lead time on new orders.