Extended Wait Times: Tesla’s Model X US Deliveries Now in Late 2023!
After significant price reductions of $13,500-$18,500 (15.3-18.8%) on the 2023 Tesla Model S and 2023 Tesla Model X a few months ago, estimated delivery times for these models in the U.S have extended. The Model X even qualified for a $7,500 federal tax credit at its starting price of $79,990.
New orders for the Tesla Model S are now expected to be delivered between October-November, while the Model X is set for November-December. In contrast, only a short while ago, both models had wait times of mere weeks (September-October).
While production rates remain uncertain, the extended delivery timelines suggest that these price cuts have boosted demand. Tesla's sales strategy reaffirms that pricing can significantly influence sales volume, both in the U.S and globally.
In comparison, orders for the Model 3 and Model Y currently have delivery estimates of just a few weeks (September-October). However, this could shift once the upcoming 2024 Model 3 Highland is introduced in the coming months.
Incidentally, the Model X faces competition from Kia's new electric model, the 2024 KIA EV9, launching in Q4 at $54,900.