- Tesla raised Model S and Model X prices by $2,000 after a year of price cuts.
- The price hike follows a 4.8% drop in second-quarter sales compared to last year.
- Elon Musk has said Tesla prices must fluctuate frequently to "match production with demand."
After over a year of dropping prices of various models to boost sales, Tesla appears to be changing tack.
The EV giant has increased Model S and Model X prices by $2,000 — essentially undoing the price cuts of the same amount in April.