Tesla has raised prices for select Model 3, Model Y, Model X and Model S cars, Electric Reports. The biggest price increase affects the Model X Dual Motor All-Wheel Drive version, which saw a $6,000 increase from $114,990 to $120,990, while the Model S Dual Motor All-Wheel Drive configuration increased by $5,000 from $99 $990 to $104,990. Tesla’s most expensive car, the Model 3, has survived steep increases.
However, one version of the Model 3 is seeing an increase. The price of the Model 3 long-range version increased by $2,500 from $54,490 to $57,990. However, the price of the most expensive Model 3 sold online, the rear-wheel drive model, remains the same at $46,990. This was the price it rose to during Tesla Another big round of price hikes in March.
The Long-Range Model Y also increases from $62,990 to $65,990 ($3,000 price increase), while the Performance Model goes up by $2,000 from $67,990 to $69,990.
Price increases were like this relatively subscriber across the Tesla lineup in recent years. A year ago, CEO Elon Musk Blame them for supply chain stressThe cost of raw materials and the global shortage of chips have proven to be a particular problem. This year, the manufacturer has to contend with rising inflation and transportation costs in the US and around the world which are putting upward pressure on its bottom line. Elon Musk has yet to comment (read: tweet) publicly on the latest price increases.
It was a completely different situation just a few years ago when Tesla was to cut The most expensive Model 3 price In an effort to make it an affordable option for the mass market. Now, although the company’s prices are very far from $35,000 starting price It has been targeting for many years.
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