Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Instagram Outage Disrupts Thousands of U.S. Users 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Tesla has implemented price increases for its Model S and Model X vehicles in the US and Canada, signaling ongoing adjustments to meet market demands and cost pressures.
New Pricing for Tesla Model S Announced
The Model S and Model X, two of Tesla's most popular vehicles, have seen price hikes in the US and Canada.
Per Teslarati, after a recent price hike, the base price of an AWD Tesla Model S in the US is currently $74,990 (not including extras). The base price of a Tesla Model S Plaid, which can reach 60 mph in 1.99 seconds in perfect conditions, is currently $89,990 before options.
In contrast, the base price of an AWD Tesla Model X is now $79,990 (not including options). The Model X AWD can still get a federal tax credit because its price is lower than the $80,000 limit for SUVs in the IRA. With a new starting price of $94,990 (without including options), the Tesla Model X Plaid can now reach 60 mph in 2.5 seconds.
According to those who keep tabs on the Canadian market, the all-electric car now starts at $103,990 CAD, a 6,000 CAD increase from the previous pricing. However, the top-tier all-electric sedan, the Tesla Model S Plaid, saw a more modest CAD 2,000 price hike, bringing the total to CAD 124,990 before options.
Tesla Model X Sees Price Adjustment in North America
In Canada, the price rise for the Tesla Model X is more consistent, costing an additional $3,000 CAD for both the base model and the upgraded all-electric SUV. Now that the new pricing structure is in effect, the base price of the Model X AWD is CAD 110,990, and the base price of the Model X Plaid is CAD 131,990 (not including extras).
Even though the Model X and Model S are currently the best-performing Teslas, they have been mostly eclipsed by the rest of the company's offerings. Even if they aren't quite as powerful as the Model S and Model X, the Model 3 and Model Y are far more budget-friendly. Compared to the Model S and Model X, the Cybertruck is more expensive, but it has more features and a more distinctive appearance.
