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Tesla announces $1,000 price hike for Model Y vehicles

Tesla announces $1,000 price hike for Model Y vehicles
By Newsroom
Mar 1, 2024 1:35 PM

Tesla reveals a $1,000 price increase for specific Model Y vehicles in the U.S.

According to its website, Tesla announced Friday that the prices of certain Model Y vehicles in the U.S. were rising by $1,000.

The adjustments affect the rear-wheel drive and long-range variants, setting their prices at $43,990 and $48,990, respectively. 

The Model Y performance variant and other models maintain their existing prices. 

This follows Tesla’s temporary price cuts and subsequent adjustments in February for the Model Y lineup in the U.S., while prices in Europe and China were also revised during that period. 

The recent move reflects Tesla’s dynamic pricing strategy influenced by market conditions and demand fluctuations.

Source: Newsroom

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Last Updated:  May 28, 2024 7:24 PM