Tesla Raises Prices on Model S and Model X Despite Slowing Sales

The $2,000 price increase comes as Tesla struggles with declining demand for its premium models.

Prices for the Model S now start at $74,990 and the Model X at $79,990.
The increase reverses a previous price cut from April, restoring prices to early 2024 levels.
Tesla's Model S and Model X sales have dropped by over 30% year-over-year.
Despite the price hike, Tesla's mass-market Model 3 and Model Y continue to dominate sales.
The company bundles sales figures for all models, making it difficult to assess individual performance.