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Tesla confirms ‘slight price increases’ for 100D/P100D models next week after decreases for lower-end models today

Earlier this morning, Tesla updated its online design studio for the Model S and X in order to change pricing and standard options for the base models (75/75D and 90/90D) and to introduce new features in the Model X.

The company has now explained that they will implement “slight price increases to their higher end 100D and P100D models”, Tesla’s longest-range (and consequently the world’s longest-range) vehicles, next week, which should result in a similar price average as before today’s changes.

After it received its EPA rating last week, the Tesla Model S 100D officially became the longest-range electric vehicle available today with 335 miles of range. The range is enabled by Tesla’s 100 kWh battery pack, which has about twice the capacity of any pack currently offered by other automakers. All the vehicles that will see a price increase next week are equipped with that battery pack.

The difference will be more significant for Tesla’s “performance vehicles”, while the increase for the new “100D” battery pack is more reasonable. Here are the changes effective on April 24, 2017:

  • Model S 100D:  $95,000 to $97,500
  • Model S P100D:  $134,500 to $140,000
  • Model X 100D: $98,500 to $99,500
  • Model X P100D: $135,500 to $145,000

Interestingly, those models also become the only ones that can be equipped with Tesla’s 72 amp onboard charger to get a 46 miles per hour charging speed when combined with Tesla’s Wall Connector. It has nothing to do with Supercharging, which is still available for all models, but it is an important feature for drivers with long commutes that frequently need to charge relatively quickly at home.

Again, those changes come after the 75 kWh battery pack became the base model for Tesla’s Model S (it already was for the Model X) and after it received a price drop to $69,500 in the process.

The overall price range before options will go up from – $68,000 to $135,500 – to – $69,500 to $145,00, but Tesla is packing more capacity and features in the base models, which is likely why the company thinks its average selling price should “remain almost exactly the same” once the P100D increases take effect next week.

Tesla has often implemented price adjustments on its vehicle lineup, but this latest example is probably the most significant yet without the introduction of a new battery pack size.

The company explains the changes in a statement:

“Periodically we have adjusted pricing and available options to best reflect the value of our products and our customers’ preferences. Today’s updates include slight price decreases to our 75, 75D and 90D models to account for the discontinuation of our 60 kWh models, and next week we will be implementing slight price increases to our higher end 100D and P100D models. We expect our total average selling price to remain almost exactly the same.

Price increases for our 100D and P100D models will take effect on April 24, 2017 to best accommodate customers already in the order process, while price decreases for 75, 75D and 90D models will take effect today.”

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