A big rice hike is our first indication.
At the same time that Tesla is slashing prices in the US in preparation for stiff competition from Lucid Motors, the company is raising prices in Europe - and rather dramatically, in some cases. The Tesla Model 3 is seeing price increases of just about €500 to €1,000 - roughly $600 to $1,200 US - depending on the market, Electrek reports, representing a relatively small adjustment.
The Tesla Model S and mechanically-related Model X, on the other hand, are getting price increases closer to €5,000 - about $6,000 US. It's enough that Model S sedans ordered today in Germany will start at €82,000, or around $98,000 US.
Why should this matter to folks in the US market, an entire ocean away? Because it suggests that the Model S and Model X might be in for some significant updates. Those updates might include inheriting the Model S Plaid's new structural body pack, which features a strong, rigid housing that helps tie both sides of the chassis together, or an overdue interior refresh for the S and X that was reportedly supposed to arrive in 2019.
Tesla's price increases for the European market affect the next batch of vehicles, which aren't supposed to start arriving until March 2021, according to Electrek. That's far enough away that Tesla could, in theory, implement some major changes, but probably not enough time for Tesla's rumored "Palladium" project to come to fruition.
The "Palladium" project, in case you missed it, is an extensive redesign action rumored to be coming to the Model S and X that will completely overhaul their powertrains and exterior designs, and could even see both models sat on brand new platforms. That would mark the first full Model S redesign since the vehicle first launched for the 2012 model year, and of course the Model X's first since 2015.
Those changes are expected to arrive relatively soon, but certainly not in time to ship by March 2021, so expect any near-term updates to be somewhat smaller in scope.