Tesla bumps up Model S price

Tesla prices just went up again — this time for the Model S.

Earlier this week, the long-range Model S went from $84,990 to $89,990 — a $5,000 increase. The dual motor EV has 405 miles of range on a single charge.

The faster Model S Plaid is still $129,990. That price jumped $10,000 just before its launch in June.

In 2021, Tesla raised prices on five models, including the base Model Y SUV, which became $5,000 more expensive.

In January, the Model S got a major redesign with new screens, a new steering wheel, and a glass roof. The Tesla website says the estimated delivery of the revamped sedan is March 2022.

Back in June, Tesla CEO Elon Musk explained why the California carmaker keeps bumping up prices: the rising cost of parts and supply chain issues.