Stock Score Locked: Edge Members Only Benzinga Rankings give you vital metrics on any stock – anytime. Unlock Rankings TSLA on Thursday hiked prices on its premium Model X SUV by $5,000, effectively making the all-wheel drive version ineligible for a federal EV tax credit of $7,500. What Happened: According to Tesla’s U.S. website, the all-wheel drive is now priced at $84,990 while the more premium Plaid variant is priced at $99,990. Tesla offered no reasons for the price hike on its website. The company did not immediately respond to Benzinga‘s request for comment either. Previously, the base version of the Model X qualified for a federal tax credit as it was priced at $79,990, below the price limit of $80,000 required to be eligible. Why It Matters: The Model X is now Tesla’s most expensive offering in the U.S. Trending Investment Opportunities