The Last Units Come at a Premium
While discontinued models are typically discounted to clear inventory, Tesla is taking the opposite approach. Remaining inventory of the outgoing Model S and Model X has seen a roughly $15,000 price hike, pushing both veteran electric vehicles into six-figure territory.
The Model S AWD now starts at $109,990, while the performance-focused Plaid trim begins at $124,900. Its crossover counterpart, the Model X, starts at $114,900 in AWD form and $129,900 in Plaid form. It is worth noting, however, that many of the remaining units are demo vehicles, meaning they already have some mileage and are being offered with varying discounts.
What Buyers Will Find in Inventory
Based on Tesla’s online inventory, a 2026 Model S AWD demo vehicle with 2,186 miles is listed at $105,700 after a $4,290 discount, at least as of this writing. Most, if not all, of these units also appear to come with the Luxe package, which includes a four-year Protection Plan, free Supercharging, and Premium Connectivity for features such as music and video streaming.
Tesla ended production of these EVs to help free up capacity at its Fremont factory in California for projects like the Optimus humanoid robot. After all, they no longer sell in significant numbers compared with the more affordable Model 3 and Model Y. Nevertheless, the outgoing models helped establish the brand in the early 2010s, well before mainstream EVs such as the Ford Mustang Mach-E entered the market.
For the remaining inventory, prospective buyers can also acquire these vehicles through lease or financing options.
Not Just About Cars Anymore
No credible reports of a Model S replacement have emerged, suggesting Tesla may be stepping away from the segment as it broadens its focus beyond traditional EVs. The automaker is also developing the Cybercab, a two-seat robotaxi aimed at competing with companies such as Waymo.
With the price increase appearing to serve as Tesla’s last hurrah for the two models, it suggests the brand still sees value in them even as they head toward retirement. It could also support resale values for current owners looking to part with their Model S or Model X. For buyers seeking alternatives, options include the Lucid Air and Porsche Taycan for sedan shoppers, as well as the Lucid Gravity and Rivian R1S for those considering a three-row electric SUV.
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