Tesla raised Model S and Model X prices by $2,000 in the U.S., bringing the Model S starting price to $74,990 and the Model X starting price to $79,990.
Despite weaker sales, Tesla increased prices; Model X entry-level version remains eligible for the $7,500 federal tax credit due to price cap.
Sales of Model S/Model X duo witnessed a substantial decline in Q2 2024 with estimates suggesting a possible loss of a third of their volume.
Tesla's Model S/Model X supply surpasses demand, evident from short delivery times, raising questions over pricing strategy prioritizing margins over volume.
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