LED lights are now a no-brainer
Solid-state headlights (LED or laser) will be standard on almost all newly introduced cars by 2018, and will be on the Model 3 for energy efficiency, if nothing else. The reason is rapidly falling costs. I started looking at LED lights for vehicle programs I was leading in 2007 -- there was about a 4x to 6x cost penalty at the time when compared to incandescent, and that was for small volume lights. If also took 5 LED lighting engines (multiple LEDs, typically 5, mounted on a substrate) per light to max out the FMVSS lighting standard. Technology improvements mean that you can do it today with just 2 engines, and there are some companies out there (Soraa) who could do it with just two LEDs. The costs have fallen to about a 1.5x to 2x penalty, and are still dropping.
As to why the Model S doesn't have them, that's easy. Costs, and when the Model S was being designed, Tesla had no leverage with suppliers whatsoever. Delphi and Osram, two of the leaders in LED lights, almost certainly wouldn't have bothered with them, and the smaller suppliers who tended to truck and motorcycle markets with customarily smaller volumes were very expensive. Custom LED lights at that time were out of their reach.
In general, I think few people on this forum appreciate what heavy lifting Tesla had to do to break out to the point where world-class auto suppliers would actually take them seriously . . .