With Tesla Inc. (NASDAQ:TSLA) hiking the starting price of its Model S sedan by $5,000 on Friday, all of its premium vehicle offerings now start at the same price point of $79,990.
What Happened: Tesla has three premium EV offerings: Model S, Model X, and Cybertruck. While the Model S is a sedan, the Model X is an SUV, and the Cybertruck is a battery-electric pickup truck.
All three vehicles now have a starting price of $79,990 for their lower-priced variants. The more premium variant of the Cybertruck, called Cyberbeast, however, is priced higher than the higher-priced variants of Model S and Model X.
While the plaid variant of the sedan and SUV starts at $94,990, the premium variant of the Cybertruck called Cyberbeast starts at $99,990.
Which To Buy?
Given all three vehicles now start at the same price, which should you buy?
For drivers looking for the most range, the Model S offers the most ease of mind among its counterparts with 402 miles of range.
The Cybertruck has the least range among Tesla's premium offerings, but the company intends to offer a range extender for an estimated price of $16,000 for drivers looking to add more range. According to Tesla, customers can increase the range to over 445 miles with a range extender on the all-wheel drive variant.
However, production of the alternate battery pack, which will fit into the truck bed, is expected to begin in mid-2025 only.
| Name | Range | Starting Price |
| Model S All-Wheel Drive | 402 miles | $79,990 |
| Model S Plaid | 348 miles | $94,990 |
| Model X All-Wheel Drive | 329 miles | $79,990 |
| Model X Plaid | 314 miles | $94,990 |
| Cybertruck All-Wheel Drive | 325 miles (Without range extender) | $79,990 |
| Cyberbeast | 301 miles (Without range extender) | $99,990 |
But the best option for a customer also depends on what they expect out of their vehicle. For customers looking for speed, the Model S plaid would be the best pick given the vehicle has a top speed of 200 mph and can accelerate to 60 mph from rest in just 1.99 seconds.
For those looking to tow up to 5,000 lbs, the Model X is a good choice. However, for those looking to tow more, up to 11,000 lbs, the Cybertruck is a better pick.
Also, if you want your vehicle to stand out on the road, the Cybertruck will be the best pick with its stainless steel and angular body.
Check out more of Benzinga's Future Of Mobility coverage by following this link.
- Elon Musk's SpaceX Wants To Turn Its Starbase Site Into A City
Photo courtesy: Tesla