Tesla drops Model X price to qualify for federal incentives that Elon Musk once opposed: ‘I’m literally saying, get rid of all subsidies’

Tesla has reduced the price of its Model X, making it eligible for federal tax credits that Elon Musk previously criticized.

fortune.com

Relevant topic timeline:

9/1/2023

Tesla cuts FSD price by $3K in US, $3.5K in Canada

Tesla has reduced the price of its Full Self-Driving (FSD) software by $3,000 in the US, bringing the cost down to $12,000, in a move that is likely aimed at boosting financials for the quarter.

9/1/2023

Tesla drops price of Model S/X, Model X now qualifies for US tax credit

Tesla has lowered prices on its Model S and X vehicles, with reductions of 15-19% in the US and similar cuts globally, except for the recently introduced Standard Range model; the base price for the larger-battery versions of both cars is now cheaper than the smaller-battery versions, and the base model now has a larger estimated EPA range; additionally, all paint colors are now included in the base price, and due to changes in federal EV tax credit caps, the Model X can now be cheaper than the Model S after incentives.

9/1/2023

Tesla Significantly Cuts Model S/Model X Prices, Removes Standard Range Trim

Tesla has removed its Standard Range variants for the Model S and Model X, but has lowered prices for the remaining trim levels, making the Standard Range redundant.

9/2/2023

Tesla owners are angry about buying their vehicles right before the latest big price cuts—and are letting Elon Musk know: ‘I feel completely duped’

Tesla's latest price cuts have left existing customers feeling frustrated and resentful, as they now see their vehicles lose value, while potential buyers hesitate to make a purchase fearing further reductions.