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Pricing on Model X?

Pricing on Model X?

For the Model S, those that have a reservation prior to year-end will not be subject to the price increase that takes effect on Jan 1. Is there any similar advantage to making a Model X reservation before year-end? Or is the only advantage, at this point, that you get a spot earlier in line?

ian t.wa.us | June 23, 2013

This thread is about Model X pricing. Can we please keep it on topic? The thread about global warming being real or not is here:

http://www.teslamotors.com/forum/forums/manmade-were-screwed

Thank you.

@adjmr - We've only got guesses. Nothing official has been announced. Expect it to be in line with what the S costs plus a premium for AWD. What do other manufacturers charge for AWD? $5,000? $10,000? Somewhere in there anyway.

Cheers!

zhengst0905 | June 23, 2013

That's a good calculation. But it's not relevant since the problem is not about the prospect of fossil fuel emissions getting so concentrated in the atmosphere that it will suffocate people to death.

So far the only realistic scenario for humans to kill ourselves off is a global nuclear war. Rapid climate change (as a result of higher concentration of GHGs, but far from being able to suffocate people) can trigger famine, economic collapse, social upheaval, wars, genocide, things that not only mean sufferings and deaths of millions, but also increase the chance of the use of nuclear weapons.

AlMc | June 23, 2013

@goneskiian...Thanks for the reply and trying to bring the thread back to the OP's original question.

Moving forward, I hope that we will start to see some 'real estimates' from TM soon

freddylv2013 | September 20, 2013

I dont see how can some one coming from a gasoline vehicle benefit from a tesla with such high prices.
I own a lexus 2013 gs i Bought it for 40,000 UDS. i drive it for 20k miles a year I spend 3,400 usd on gas yearly for 20k and oil changes 700 uds a year. for one year 4,100 usd a year to drive my lexus.
Now the tesla goes for 98,000 and thats not the performance package.
1,000 yearly inspections and electricity 623.00 usd a year.
Lexus for owning for 7 years with total value of the car, gas and maintenance= 67,000 usd.
Tesla model S total for 7 years and value of the car and yearly maintenance fees= 108,761 USD. This is almost double the money. You choose.

cloroxbb | September 20, 2013

Nobody buys the Model S, for the sole purpose of saving gas money.

AlMc | September 20, 2013

+1 Cloroxbb. Short and to the point.

Brian H | September 20, 2013

You forgot to charge/allow for the hours spent pumping gas!

Notre | September 21, 2013

Quote: Nobody buys the Model S, for the sole purpose of saving gas money.

Here (Norw.) some people do actually. Everything else is BONUS :)

rdalcanto | September 21, 2013

@ freddylv2013
The Model X will be a high performance SUV, like a Porsche Cayenne S or Turbo. But, it will be cheaper and far more fuel efficient. You can't compare the Model X to a POS SUV priced at 40-50K that goes 0-60 in 9 seconds, and ask why does the Model X cost so much.

cloroxbb | September 21, 2013

@Notre

"Sole" purpose :) I would hope that wouldn't be the ONLY reason, as you wouldn't make your money back for a little while...

NumberOne | September 21, 2013

I am really hoping that it will be slightly less expensive than the Model S. I doubt it would be, but I am still hoping. Consider that it will use the same technology, and Tesla will already be benefitting from the economies of scale, since the Model S will have been in production for more than 2 years by the time the Model X enters production. Of course there are many considerations, but with a little good fortune the battery technology will be cheaper by then too.

I will not buy the Model X to save gas money, but it does help to justify the purchase. My F150 uses roughly $4000 US per year, at current prices. Add the original cost and the 10 year cost is at $85k Of course I will be paying more for electricity, but I will never need to make a special trip to the gas station again, and the additional electricity cost for 10 years will be highly unlikely to exceed $10k, which is only 25% of the cost of gas. The reason for this has more to do with energy efficiency than energy cost. I will also save 1-2k USD in oil changes over 10 years, but with the required annual service of the Tesla, that one is a moot point. Also, I have spent around $3k on repairs in the last 5 years (after the warranty expired), and those items do not exist on an EV, so the repairs will not be needed.

With my driving style I do not go through brakes much. I think I am only on my second set in 125k miles. With regenerative braking I may not even need to replace pads in more than once a decade.

There will also not be any fumes in my garage, and my car will not be spewing out fumes when I pick my kids up from school. Green house gasses aside, there is no question that an EV is better for you immediate environment.

Notre | September 22, 2013

@leonardD
Seeing how reservations are piling up I doubt the X will be cheaper. Tesla need a healthy profit margin to support R&D and I guess they will take all they can get. Maybe batteries will be cheaper, but then my guess is that they rather will give you more juice for the same money than dropping prices.

@cloroxbb
Unlike other EVs like the LEAF the Model S is cheaper, even MUCH cheaper, than a similarly specified ICE car. People considering a Panamera or BMW/Audi in the same class will save a lot AND have "free gas". People considering a mid class ICE will get the Model S for the same money.

earlyretirement | September 22, 2013

NO way the Model X will be cheaper than the S. Anyone that thinks that is deluded. You can't compare a Lexus GS with an X or even the S. Like comparing a witch with a Victorias Secret doer model IMHO.

Brian H | September 23, 2013

Indications are about 10% higher.

Notre | September 24, 2013

Basic Model X price promised to be similar to S, but 4WD option will surely be expensive and they will probably charge for larger battery if available at that time. They may also hike S-price before X-launch.

ajtesla1 | October 3, 2013

I found this post looking to see what the price is and scanned through 4 pages of posts with polar ice cap gibberish (not really but for the purpose of this post it is) and comparisons to trucks that are in a completely different class. I just had to chime in.

1. Please do NOT compare a Tesla to a Dodge, what is the point. If you are happy with a Dodge great, you have no need to look at or consider a Tesla. If you are considering a Tesla, what other production car/truck can go 0-60 in 5.9/5.4/4.2 and does not use gas...answer NONE. Hmm, one of a kind, pay a premium.
2. As for any other comparisons see #1.
3. If you are serious about a Tesla, make sure you can truly afford one, not buy one. Not the same. If you have the money, most of the points in this thread are well....pointless. People that have that kind of money do not consider those things. I have to admit I am not one of them.
4. Regardless of what anyone says, buying and driving a Tesla is a status symbol and people will go ooh and ahh, so if you say that does not enter the equation, look in back of your conscience to see if it hiding there.

Moral? Tesla is not an ordinary car, so do not make comparisons to the ordinary. Tesla is a green car but for the relatively wealthy, so do not try to rationalize the pricing. Finally, Tesla is a one of a kind, at least for now. Until there is a true alternative, take it for what it is.

I hope there is a master plan. I just rode in one today, yes rode. Tesla was nice enough to demo their model S85 at my work place. What a sweet car. I hear the plan was to do an entry model at 30K base....we'll see.

BTW, so what is the legit base price of the model X?

Brian H | October 3, 2013

Add about 10% to a parallel MS design.

ajtesla1 | October 3, 2013

Did anyone take into account any installation of a special outlet at the house for the car to plug into? That could be an addition 10% depending where you live.

dglauz | October 3, 2013

aj:
I had an electrician install a 220 50 amp in my garage, including all materials and labor it cost under $500. Hardly significant. That was 0.5% of the car price.

AlMc | October 4, 2013

Did my electric install myself: Price of materials $150. It would be great if that were 10% of the price of an X

ravindragade | October 5, 2013

Solar City installed my NEMA 14-50 outlet for $450 (includes city permits) in San Jose, CA.

goodkid26 | October 25, 2013

While I do appreciate the advancements that these vehicles will drive, I would rather have seen(like some here have stated) a push towards a more economical version for the masses. As the namesake of the company was all about the common man, not just the wealthy. Maybe a trimmed version without many of the frills, for a more basic price. If I had the income I would definitely purchase one right now. I got excited when I heard of a Tesla model around $30K. Then when I came here all I see is another $50K+ car.

I was also wondering, with all of the hype of electric cars, why hasn't someone come out with an electric motorcycle? I am a daily rider, cause I like the experience and the 60+ miles per gallon is great on the wallet.

However, even though I am disappointed with my findings here, I am still grateful and eager to see the future that this company will definitely push for.

cloroxbb | October 25, 2013

@goodkid26

1. The Gen III vehicle that comes out after the Model X is supposed to be the "vehicle for the masses." You just need to wait, because the price of batteries isn't quite there yet.

2. Many people have come out with Electric Bikes. I am planning on getting the 2014 Zero S or Zero DS.
check out zeromotorcycles.com for the Zero line. Brammo.com for the Enertia, Empulse, and Empulse R. Then you have Mission motorcycles (with former Tesla employees) that make bikes.

I wonder if you have ever actually googled any of the questions you posed...

flar | October 25, 2013

@goodkid26 - There are several electric motorcycles on the market already. Some of them pre-date the Model S (though none predate the Roadster AFAIK).

Brammo Enertia and Empulse:

http://www.brammo.com/

Zero S, DS, FX, XU and MX:

http://www.zeromotorcycles.com/

Mission Motorcycles (any day now):

http://www.mission-motorcycles.com/

TheStig | October 26, 2013

Though I understand everyone's ask for a cheaper version, let's remember that it takes time and engineering to make cheaper high quality vehicles. Quite a few inventions in the past started off as expensive and was later re-engineered for the masses after. The original car, internet, cell phones, personal computers, etc.

If you have been following Tesla announcements, you know a more "E"conomical model is on its way.

300k | November 4, 2013

Sirs, the problem of cost of ownership, for me is as follows, for electric cars to become common and affordable someone must start the ball rolling, electric cars were tried in the early 1900's and failed because of battery technology and lack of electric sites. The rich are the only people who can afford to buy and finance these cars to prime the pump, remember the advantages of these cars are for reducing the pollutants in our environment. Notice I did not say eliminate, that is not possible. As more and more EV's are made and used , the acceptance of them will grow, when demand exceeds 2 million a year you will see the cost go down. All the automobile manufacturers are involved in this technology because they understand this will become the future, but they have a lot of money invested in the current tech and do not see immediate acceptance for an electric vehicle yet, look at what happened to GM's first electric car.
As to the life of Tesla's battery pack, I spoke to a engineer who told me the average life has exceeded their expectations, and at this point in time the actual failure time period is probably in excess of ten years. Think of what an improvement that is over the service life of the Prius or leaf.
I am hearing about new battery tech called lithium air, does any one have more information about it?

cloroxbb | November 4, 2013

@300k

What does that have to do with the pricing on Model X again?

xray_nor | November 5, 2013

Compared to the S, "the price difference is a "low single digit percentage". And "...the Model X will only be offered as all-wheel-drive. So it'll be dual-motor all-wheel drive."

http://green.autoblog.com/2013/11/04/tesla-model-x-will-be-awd-only-cost...

Alex K | November 5, 2013

So what does "low single digit percentage" mean to people? For me, single digit, means 0-9%. And low means less than 5, since 5 is near the middle. So my guess is 4% based on the quote from Elon, but I don't really believe this since it sounds too low.

Webcrawler | November 5, 2013

Is that a low single digit % over the current price or the price hike of the Model S scheduled for the end of the year?

My point is no one outside of Tesla really knows for sure.....

cloroxbb | November 5, 2013

@alex

Wow, single digit means 0-9? Just blew my mind haha jk

No, I agree though, hopefully it means 5% or less, but 5% of $85,000 is $4250, so it doesn't seem that bad to me :)

bent | November 6, 2013

Strictly speaking it could be argued that "0" is zero digit …

Brian H | November 7, 2013

The genius of counting 0 as a digit is what made Arabic numbers possible, not to mention computers. Until they try to divide by it. ;)

bent | November 17, 2013

Well, yes, but "0" is the zero digit and I don't think we should take that away from it … lumping it in with "1" like that … just doesn't seem right …

bent | November 17, 2013

argh HTML end tags, my old nemesis!

Brian H | November 17, 2013

bent;
type both tags at once, then the content between them. Foolproof, for most instances of fools.

jalcubsjal | January 18, 2014

To people who are saying the math doesn't add up, when you're buying a tesla you aren't just buying it because it's electric. Because it's electric and it is am amazing car. Personally I like the model s even more than the mercedes S63 and that's a difference of 125k+

ryan.luurtsema | January 22, 2014

@Samfisher

You have to look at all the components of a vehicles from gas combustable to eletric. The mechanics and all that is under the "easy but expensive to replace list". That factors into all the savings. The Tesla logic is pay high but save later. Your paying a steep price for long-gevitey of the vehicle and resale value of it.

Tom A | February 4, 2014

It never ceases to amaze me that people insist on using half-priced cars to "logically" debunk the advantages of the Model S or Model X.

The Model S and Model X are luxury vehicles. The payoff makes the most sense when you compare them to other luxury vehicles!

The Model S was not ever intended to be competitive with a Honda Civic, nor is the Model X intended to be competitive with a Jeep Grand Cherokee.

The Model S competes favorably with other full-size sedans - Audi A8, BMW 7 series, etc.

The Model X is going to compete, favorably, with other luxury SUVs - Audi Q7, BMW X7, etc.

However, because of the massive energy and maintenance savings, a Model S and Model X also compete favorably with the next lower price point. Over the life of the vehicle, the Model S total cost of ownership is on the same order of magnitude of a Ford Taurus (starts around $35k US), for example.

The Model X will probably compare fairly well to an AWD mid-sized SUVs because of the gas savings and lower maintenance.

Tom A | February 4, 2014

As far as Model X pricing, it will have to be more expensive than the Model S - dual motor AWD, bigger vehicle with more stuff (more seats, etc.). There is absolutely no way that the Model X is going to be any less than at least 5% more, probably closer 10%, if Musk wants to maintain the high profit margins.

Triciawade123456 | February 4, 2014

Shouldn't we get some kind of discount on the X if we already own a S model? :)
just saying......

jjs | February 4, 2014

Buy one, get one!

ian t.wa.us | February 4, 2014

X7? Is that a new model? I must have missed it. ;-)

church70 | February 6, 2014

I to like this idea of a discount for model S owners not only is it good for us but it's good for Tesla in all sorts of ways

Brian H | February 7, 2014

Church;
How 'bout a special MS trade-in allowance?

ian t.wa.us | February 7, 2014

How exactly is it a good idea for Tesla?

dunckencn | March 5, 2014

The cost of battery is going down, I expect the price of Model X 12 months later would be lower than model s today.

Iowa92x | March 5, 2014

Price of X will be greater than the S, manufacturers always charge more for "SUV" compared to sedan. AWD and perception, plus people are willing to pay more. That's why the traditional auto makers go bonkers over trucks and SUVs. Sell well and higher profit.

Brian H | March 6, 2014

If you want a cheaper X, you'll have to wait for the ME-X.

NumberOne | March 7, 2014

I doubt that the Model X will be much more than the Model S. While costs may already have been reduced somewhat, I think Tesla wants the capture as wide a market as possible. While it is not likely for the Model X to cost [much] more than the Model S, it most likely will not be any cheaper either. I am glad I do not have a Sig reservation, because it does give me a little more time to think and make all the needed arrangements, such as selling my truck etc.

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