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Tesla has increased the price of its popular Model Y Long Range today – bucking a trend that has been worrying investors. Over the last year, the trend for Tesla has undoubtedly been price cuts.
Now, days into the fourth quarter, Tesla has continued the earlier trend of price increases on the Model 3 and Model Y. Changes Model 3 Standard Range Plus increased by $2,000 to $41,990.
Following price hikes in 2021 and modest increases in early 2022, Tesla's cars have significantly jumped up in price again, according to Electrek, which tracks the price increases on Tesla's website.
Tesla's Model X now costs $114,900 — a jump of more than $10,000. The Model S price has risen by $5,000, to $99,990; the Model 3 Performance price rose by $3,000, to $61,990; and the Model Y ...
For example, on April 1, 2024, Tesla increased the Model Y prices in China by nearly $700 (5,000 CNY) and ended some incentives: insurance subsidy (8,000 CNY or $1,100) and paint color cost ...
Tesla intends to raise prices for its Model Y electric SUV in the U.S. by $1,000 starting April 1. Additionally, prices for Model Y in several European countries will increase by about 2,000 euros ...
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