Same for me.. I had ultra red thankfully $2,500. I have a feeling that they may reduce the price of X to 75k so that they people can choose interior stuff (3rd row, interior color, exterior color etc.)
If the 2024 models are going to drop it’ll be a couple more months. There’s no reason to increase the prices now so they can drop the price in two weeks. In fact, history usually shows the opposite for Tesla. They usually drop the prices, then realize it was too low, then increase it slightly for at least a couple of months, like in Model Y back in January 2023 and as well as Model X Plaid in October 2023 when they increased it by $5k.
Remember inflation is still a thing and that to lower prices, Tesla needs to decrease production costs more than inflation. Generally, prices for cars tend to INCREASE year after year, even if there were no changes to model years. Also, Tesla just decided to increase wages for all their employees on the assembly line due to the recent UAW strike.
Also, the prediction of federal interest rates decreasing later in 2024 will not help Tesla in lowering prices as well given that alone will spur more demand.
My thinking is that Tesla will eventually decrease prices only if they feel that Model X isn’t selling well at all, and that competitors are able to sell their comparable EVs at lower prices than Tesla, which they haven’t been able to do thus far.
Model X always has been a niche product for Tesla. They would rather sell many more Model 3’s and Y’s which is their sweet spot than to sell Model X’s which have been plagued with issues and costs a lot more to warranty repair.
Tesla is increasing pay this month for many of its factory workers across the U.S., a move that comes after the UAW secured big wins against major automakers
www.cnbc.com