Evaluating the Value of Tesla’s Updated Model X and S Compared to Rivals

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Tesla has launched refreshed versions of its Model S sedan and Model X SUV, increasing prices by $5,000 across all configurations. The all-wheel-drive Model X now starts at $89,990, while the Plaid version costs $104,990. The Model S all-wheel drive is priced at $84,990, with the Plaid version at $99,990. These updated models are available for immediate order with delivery times estimated at two to four weeks.

New features include a Frost Blue paint option, redesigned wheels, enhanced cabin soundproofing, and updated external styling for the Model S Plaid. The standard Model S’s EPA range has improved from 402 to 410 miles, while the Model X offers increased third-row space.

Year-to-date, Tesla shares have declined by 19.4%, compared to an 18.9% drop in the broader automotive industry. The company’s current price/sales ratio stands at 10.01, significantly higher than the industry average of 2.62.

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