Tesla slashes Model S and Model X prices by $8,500 to clean Q2 inventory

As we approach the end of the second quarter, Tesla is offering more discounts and incentives for certain cars, particularly those available at local Tesla stores. Recently, Tesla made a significant price reduction of $7,500 on its inventory of Model S and Model X vehicles. This reduction is in addition to previous offers, such as an extra $1,000 off (using a referral code), three months of free Full Self-Driving, and three years of complimentary Supercharging.

Tesla’s inventory includes both brand-new models with zero mileage and slightly used cars, such as service loaners and test drive/demo vehicles. Cars with a few miles on the odometer qualify for even greater discounts. It’s important to note that inventory models have the same warranty and tax credits as newly ordered cars. While the current prices for Model S and Model X exceed the maximum for federal tax credits, all Model 3s and Model Ys are eligible for the complete federal tax credit.

Under this offer, customers can purchase a Model S AWD for $83,490 (after subtracting the additional $1,000 referral bonus from the original price of $84,490). For those seeking high-performance, the exceptionally fast Model S Plaid is available for $101,490, including the referral discount.

If you prefer the larger size, utility, towing capability, and ride height of the Model X, you can purchase a Model X AWD from the inventory for $92,740 after applying the referral discount. The Model X Plaid is also discounted by $6,000 ($5,000 inventory discount plus $1,000 referral discount). With this deal, customers can acquire a Model X Plaid for $103,990 from the Tesla store inventory after applying the referral bonus.

When purchasing a Model S or Model X, it is crucial to ensure that the $1,000 referral discount and the three free months of Full Self-Driving are correctly applied during the checkout process. Please note that adding the referral code after completing the sale is not a simple procedure. You can obtain a referral code or referral link from an existing Tesla customer.

These discounts are subject to change, and most of them expire at the end of this month (June 30, 2023). Tesla regularly adjusts its pricing to find the right balance between supply and demand. The popular Model Y has already undergone several price reductions this year and is currently benefiting from a small inventory discount of approximately $500. Additionally, customers can receive 1,500 Tesla Reward Points with their purchase by using a referral link or code provided by an existing Tesla customer.

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