Following this trend, on February 6, Tesla steeply increased the price of its Model X all-electric SUV. There was some bad news in this report, but investors seem optimistic. In the U.S., this utility vehicle is now $5,

Tesla has increased Model X prices and brought back an incentive that CEO Elon Musk said was unsustainable and

Tesla raised the prices of its Model X cars in the United States by $5,000 on Thursday, according to its website.

Tesla has hiked prices on its Model X by $5000, making the all-wheel drive version ineligible for a federal EV tax credit of $7,500.

Tesla (NASDAQ:TSLA) increased the price of its Model X cars in the U.S. by $5,000, the company website showed.

Tesla hiked Model X prices in the US by $5,000, raising the base model to $84,990 amid slowing EV demand and margin pressures.