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Tesla Cuts Prices of Model S and X by Almost 20% for the Second Time

Tesla slashes Model S and X prices again, making EV luxury more affordable than ever! Plus, the Model X now qualifies for U.S. tax credits!

Tesla Cuts Model S and X Prices by Up to 19%: Big Savings Ahead!

Fasten your seat belts, electric vehicle (EV) enthusiasts! Tesla has just announced a staggering price reduction on its Model S and X vehicles, and this is a deal you don’t want to miss. Hot off the heels of two previous price cuts this year, Tesla is slashing prices by 15 to 19 percent starting today! And this isn’t just a U.S. affair; similar price drops are being reported globally.

For the budget-conscious, the base price of the Model S now stands at a tantalizing $74,990—down by $3,500. On the other hand, the Model X starts at an alluring $79,990, a cut of $8,500! And guess what? You can now pick from a range of colors without paying an extra dime. Whether you're into classic black or fiery red, the choice is yours without busting your budget.

There's a twist: Tesla has discontinued the Standard Range versions with smaller batteries. But don't fret! The new discounted prices actually make the Model S and X cheaper than their former standard counterparts.

Here’s the cherry on top: the Tesla Model X now qualifies for a U.S. tax credit under the Inflation Reduction Act. While the Model S misses the mark, the Model X makes it just in time, making it an even more cost-effective choice for those who earn less than $150K to $300K a year.

If you're in Europe or China, you're in luck too! The price cuts are not confined to American soil; they are indeed a worldwide phenomenon.

While potential buyers celebrate, some existing Tesla owners are less than thrilled, fearing a dip in resale value. Tesla’s response? Well, they essentially said, “Deal with it.”

Tesla’s latest price cuts are a game-changer for anyone contemplating the switch to electric luxury. And with the added U.S. tax incentive for the Model X, there’s never been a better time to make the leap.

So, if you've been on the fence, this might be your moment to join the Tesla revolution!