Tesla Model S and Model X HUGE price drops in the UK
Tesla has revealed huge price cuts for its electric cars in the UK, with the Model S Saloon and Model X SUV dropping by up to £50,000.
You could argue that the price cuts from Tesla are something you might expect as the market matures (early adopters always pay a premium), but the scale of the cuts – apart from delighting customers yet to commit to a new Tesla – has left those who have recently bought a Model S or Model X very much out of pocket.
The new range-topping Tesla Model S Ludicrous Performance starts at just £83,300, a drop of getting on for £50,000 compared to the previous range-topping Model S P100D.
The regular 100D has been replaced by the Model S Long Range at £76,000, and the entry-level Model S 75D by the £72,000 Model S Standard Range. Both with big price cuts from the models they replace.
It’s a similar story for the Model X, with the range-topping model replaced by a new Ludicrous Performance model costing £50,000 less.
It’s clearly a reaction by Tesla to the growing challenge from premium car makers’ in to Tesla’s space with their new electric offerings – cars like the Jaguar I-Pace, Audi e-tron and Mercedes EQC – but what it will do to Tesla’s finances is anyone’s guess.
Still, if you’ve always fancied a performance Tesla but baulked at the price, it’s now much less of a challenge.
Just make sure you do it on a PCP with GFV.
arthur4563 says
Tesla Model S and Model X cars were getting clobbered by Jaguar I Pac and Porscjhe Taycan, which has outsold Model S for the next year. Tesla could not compete with its outrageously high price. The size of the price cuts indicates just how much earlier buyers were getting raped by Tesla. Disgusting!!!