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Home In Media Gadget News Tesla Model X Price Lowered Now that it's in the Black

Tesla Model X Price Lowered Now that it’s in the Black

Tesla has lowered the base price of the Model X 75D model by $3,000, bringing the entry point down to right around $79,500 before tax credits. This price is about where it was when the electric SUV launched nearly two years ago.

Tesla explains the reason for the price adjustment was because when the Model X 75D launched, it had a low profit margin, and that new efficiencies in manufacturing and marketing have let Tesla reduce the price without taking a hit to its bottom line.

Tesla Model X 75D is profitable now

The price reduction probably won’t leave consumers rushing to their local Tesla dealer for a bid on the Model X, but it could help keep the existing sales momentum going at a time when Model 3 sales are still too new to represent any telling projections.

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David Novakhttps://www.gadgetgram.com
For the last 20 years, David Novak has appeared in newspapers, magazines, radio, and TV around the world, reviewing the latest in consumer technology.His byline has appeared in Popular Science, PC Magazine, USA Today, The Wall Street Journal, Electronic House Magazine, GQ, Men’s Journal, National Geographic, Newsweek, Popular Mechanics, Forbes Technology, Readers Digest, Cosmopolitan Magazine, Glamour Magazine, T3 Technology Magazine, Stuff Magazine, Maxim Magazine, Wired Magazine, Laptop Magazine, Indianapolis Monthly, Indiana Business Journal, Better Homes and Garden, CNET, Engadget, InfoWorld, Information Week, Yahoo Technology and Mobile Magazine. He has also made radio appearances on the The Mark Levin Radio Show, The Laura Ingraham Talk Show, Bob & Tom Show, and the Paul Harvey RadioShow. He’s also made TV appearances on The Today Show and The CBS Morning Show.His nationally syndicated newspaper column called the GadgetGUY, appears in over 100 newspapers around the world each week, where Novak enjoys over 3 million in readership. David is also a contributing writer fro Men’s Journal, GQ, Popular Mechanics, T3 Magazine and Electronic House here in the U.S.

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