Tesla has increased the price of the base Model S by another $5,000 – making it a $10,000 base price increase in less than a month.
Since the beginning of the year, we have been covering a seemingly continuous series of price increases throughout Tesla’s vehicle lineup.
However, it has particularly affected Model 3 and Model Y vehicles since Tesla hasn’t been delivering Model S and Model X as the updated versions of the new electric vehicles were delayed.
In June, Tesla finally started deliveries of the new Model S – starting with the new Plaid top performance version, which also saw a $10,000 price increase last month.
A few weeks later, as Tesla started delivering the new base version of the Model S, Model S Long Range, Tesla increased the price of the vehicle by $5,000.
Today, Tesla updated its online configurator and again increased the price by $5,000:
The price went up from $84,990 to $89,990 overnight, and it now adds up to a $10,000 increase over the last month.
That’s despite Tesla delivering a limited amount of the base version of the new Model S as it focuses on deliveries of the Plaid version, which still starts at $129,990.
The automaker also recently updated the Model S delivery timelines for new orders and currently lists March-April for new orders for the Model S Long Range in the US.
That’s despite Tesla recently claiming that it could ramp up Model S/X production back up to ~2,000 units per week by the end of the year.
Electrek‘s take
Tesla has recently blamed price increases on supply chain issues putting pressure on costs.
However, the automaker also saw its automotive gross margin improve last quarter after some price increases.
Especially when it comes to Model S, I think it’s more likely that Tesla is being opportunistic here and taking advantage of strong demand.
With the launch of the new version of the electric sedan, the price of the base Model S went up by almost 30% from $69,420 to $89,990.
At the same time, we have been hearing issues delivering orders placed before the $10,000 price increase.
Therefore, it could be a mix of both supply chain issues and Tesla being able to jack up the price without affecting demand too much.
What do you think? Let us know in the comments section below.
A member of Irish-language rap group Kneecap has been charged with a terror offence.
Liam O’Hanna, or Liam Og O Hannaidh, has been charged with displaying a flag in support of Hezbollah, a proscribed organisation, the Metropolitan Police said.
The 27-year-old from Belfast – who performs under the stage name Mo Chara – is due to appear at Westminster Magistrates’ Court on 18 June.
It comes after counter-terror police assessed a video reported to be from a Kneecap concert.
The charge relates to a flag that O’Hanna allegedly displayed at the O2 Forum in Kentish Town, London, on 21 November last year.
The mother of Cassie Ventura has told a court she felt “physically sick” when her daughter told her Sean “Diddy” Combs had threatened to “release two explicit sex tapes” after discovering his long-time girlfriend was dating someone else.
Giving evidence on Tuesday, the seventh day of the trial, Regina Ventura said she did not initially understand the email Cassie sent her in December 2011, saying, “The sex tape threw me, [Diddy] was trying to hurt my daughter.”
The email said Combs was planning to release two explicit videos of her and send someone to hurt her and the man she was seeing, rapper Kid Cudi, whose real name is Scott Mescudi.
Regina said the family took out a home equity loan and paid Diddy $20,000 to recoup money he had spent on Cassie “because he demanded it,” angry that Cassie was now dating Cudi.
She said the money was returned days later.
During her evidence, jurors were shown photographs of bruises on Cassie’s body Ms Ventura said were taken when her daughter returned home for Christmas in 2011.
Regina’s time on the stand was fairly brief, as the defence declined the opportunity to question her.
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Image: Scott Mescudi, aka Kid Cudi, who dated Cassie in 2011. Pic: Reuters
Prosecutors say Combs, the founder of Bad Boy Records, forced women to take part in days-long, drug-fuelled sexual performances known as “Freak Offs” from 2004 to 2024, facilitated by his large retinue of staff. Combs, 55, has pleaded not guilty.
The rapper faces five criminal counts: one count of racketeering conspiracy; two counts of sex trafficking by force, fraud or coercion; and two counts of transportation to engage in prostitution.
Image: Combs and Cassie pictured in 2015. Pic: Reuters
Last week, the prosecutors’ star witness, Cassie Ventura, who dated Combs for over a decade, spent four days giving evidence.
Combs’s legal team has sought to show jurors that his relationship with Ventura was complicated, and while they acknowledge he was an abusive partner, and had substance issues, they say the sex acts described by the prosecution were consensual.
A male exotic dancer nicknamed “The Punisher” also gave testimony, telling jurors that in the autumn of 2012, Cassie contacted him asking him to “create a sexy, erotic scene” Diddy, and using the pseudonym “Janet”.
Image: Male exotic dancer Sharay Hayes, aka The Punisher. Pic: Reuters
Sharay Hayes said he went on to have eight to 12 more encounters with the couple, having sex with Cassie, while Diddy watched from a distance.
He described the hotel rooms as routinely being dressed with electric candles and sheet-covered furniture, and says Cassie told him not to “acknowledge” her husband, and to “try not to look at him and no communication”.
He says Diddy would often wear a cap, and he could not see his face, but he later realised it was the famous rapper.
“The Punisher” mentioned using a “considerable amount of baby oil” during the performances, saying “[Diddy] wanted us to keep our bodies covered, to shine”.
He later described the acts as “a fetish type thing,” and while he said he believed Cassie was fully consensual, he also said he “did occasionally see her sigh or wince” and said she would frequently look at Diddy “for cues”.
Paid between $1,200 (£900) and $2,000 (£1.500) for each performance, he said he was not called back after struggling to get an erection during one encounter.
He said he never saw Diddy use drugs or saw filming during any of the performances.
Car park dispute with Suge Knight
David James, Diddy’s ex-personal assistant, also completed his evidence and testified that he never saw physical violence between Cassie and his former boss.
Image: David James, Combs’s former assistant. Pic: Reuters
James, who worked for Diddy for two years, said he left Diddy’s employment after he realised his “life was in danger” following a dispute in a car park with rival record label owner Suge Knight, which culminated in Diddy bringing three handguns to try to find Knight and his entourage.
He also detailed an altercation between Diddy and his personal chef, Jourdan Atkinson, and said he refused to file a police report after Diddy told him to say “Chef Jourdan hit him first”.
The final person to give evidence was a special agent responsible for planning the March 2024 raids on Combs’s Miami home on Star Island.
Steve Gannon showed photos of items taken during the raid, including sex toys, high heels and loaded guns, and explained how an armoured vehicle was used to break down the mansion’s front gate to gain entry while the family was away on a trip.
Combs has been held in the Metropolitan Detention Center in Brooklyn since September and faces at least 15 years or possibly life in prison if convicted.
