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This Week in Tesla: S & X Inventory to be Liquidated, Model Y Deliveries Begin in China

January 21, 2021 7:41 PM | Stephen Pallotta (Administrator)

S & X Inventory to be Liquidated -

For a while now there have been rumors of a refresh for Model S & X, as there has not been a design refresh on either car for a couple of years. It was recently reported that Tesla is currently making an effort to liquidate all existing Model S & X inventory before the end of the month. This, in combination with a shutdown of S & X production lines lead to speculation that the refresh is imminent. Also, the delivery estimates on Tesla’s website for the Model S & X say 6-11 weeks, far longer than typical. If Tesla is in fact refreshing the S & X it is likely that we will find out soon because the production lines have already been shut down for a couple weeks and they will want to resume deliveries of their flagship models in order to keep up with demand and sales projections.

Model Y Deliveries Begin in China -

Unlike their other vehicles, Tesla is only beginning Model Y deliveries in a specific market once the vehicle is being produced at a factory there. The Shanghai factory recently began producing Model Y’s, meaning that the Model Y will now be sold in China. Pricing will be similar to the current pricing in the US, but interestingly the Model Y performance is $5,000 cheaper in China than the US while the long range dual motor version is $3,000 more expensive than in the US.

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