Tesla Hikes Price Of Model X, Model S Variants By $5,000

Electric-car maker $Tesla (TSLA.US)$ on Saturday announced a price hike of $5,000 for its Model X Long Range and Model S Long Range variants.

The Model X Long Range and S Long Range will now sell for $104,990 and $94,990, respectively.

According to Tesla’s website, the electric carmaker also increased the price of the Model Y Long Range and Model 3 Standard Range Plus by $2,000, to $56,990 and $43,990, respectively.

Earlier this year, Musk said Tesla aims to make over 2,000 units of the Model S and Model X per week and could go as high as 2,400 to 2,500 units per week.

Both Model S and X electric vehicles are among Tesla’s most expensive flagship vehicles. They have recently undergone a refresh, with a new interior and exterior design, along with efficiency and range improvements.