Tesla, Inc. TSLA reversed some of the downward price adjustments for its premium model vehicles shortly thereafter The stock plummeted nearly 10% in response to the company’s quarterly results.

What happened: Updated pricing information available on Tesla’s website showed price increases of between 2.4% and 4.3% for the Model S and Model X vehicles reduced the prices of these two models by about 5% each.

Here’s the updated pricing for each of the two variants of the two models.

Model S

• Twin Engine All Wheel Drive or AWD, Model S: $87,490, up 2.94% from $84,990
• Tri-Motor, AWD Model S Plaid: $109,490, up 4.29% from $104,990

Model X

• Dual-motor AWD Model X: $97,490, up 2.63% from $94,990
• Tri-Motor, AWD Model X Plaid: $107,490, up 2.38% from $104,990

Incidentally, late Tuesday, a day before the company released its quarterly results, Tesla cut prices on all three variants of its Model Y vehicles and the base rear-wheel-drive model, the Model 3.

See also: Everything you need to know about Tesla stock

Why it matters: On Wednesday, Tesla stock fell significantly on lower-than-expected auto gross margin in the first quarter. During an earnings call, CEO Elon Musk said the company can sell its cars without making a profit and still make money from its self-driving software.

Analysts doubt FSD’s expansion this year, with Deepwater Asset Management’s Gene Munster predicting it will take 3-5 years. Muenster warned that Tesla could harm its long-term goals by sacrificing short-term gains.

Learn more about Benzinga’s coverage of the future of mobility from follow this link.

Continue reading: ‘No rose-colored glasses’: Tesla’s auto gross margin falls below the ‘magic 20% mark’, sparking concern, says a ‘very optimistic’ analyst

photo Courtesy: Steve Jurvetson on Wikimedia Commons