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2025 Tesla Model S, Model X launched with higher range, expanded feature list, and hefty price hike. Tap for more details.

Tesla unveiled upgraded versions of its Model S and Model X electric vehicles late Thursday that will reportedly cost $5,000 more than current iterations.

Tesla TSLA has introduced refreshed versions of its Model S sedan and Model X SUV. While the upgrades themselves are relatively modest, the price hikes that accompany them are quite significant.

TSLA unveils updated Model S and X with modest upgrades and $5,000 price hikes amid rising competition.

Both Tesla Model S and Model X have received minor updates with a hike in prices compared to their predecessors.

The carmaker unveiled refreshed versions of the Model S and X on Friday, featuring a host of upgraded features — and a $4,500 price increase.

The Model X AWD and Plaid have jumped to $89,990 and $104,990, respectively. These are Tesla’s latest vehicle updates since launching the refreshed Model Y earlier this year.

Tesla promised its original product duo, the Model S sedan and Model X SUV, would be due for updates, and now it’s delivering on that promise.