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Benzinga
Benzinga
Technology
Benzinga EV Insights

As Tesla Demand Increases, Delivery Wait Times Get Longer

As gas prices continue to soar, interest in electric vehicles keeps rising. The most popular EVs made by Tesla Inc (NASDAQ:TSLA) still have extremely long wait times, even though Tesla has raised prices multiple times over the past year.

On Twitter Inc (NYSE:TWTR), Sawyer Merritt shared the latest estimated delivery dates on Tesla's popular Model Y and Model X vehicles. If ordered today, Tesla doesn't expect to deliver a base Model Y Long Range for almost a year, sometime between April through July 2023. 

The story for a base Model X is even worse. Customers will be waiting for more than a year for delivery, with estimated delivery dates of July through October 2023. The Model X is also not an inexpensive vehicle. While there are some savings since no gas is needed, the base price of the X is $115,000 and only goes up from there depending on the paint, wheels and other choices. 

As Tesla ramps up production of its Model Y at Gigafactory Texas and Gigafactory Berlin, there are currently no known plans to start production of the Model X or S at any other factories. Although relieving the Fremont factory of some Model Y production could potentially free up some capacity for Model S and X production there. 

Photo: Model X, Courtesy of Tesla Inc

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