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Tesla Raises Prices of Certain Model 3, Model Y and Model S Variants

The latest changes partially reverse a series of price cuts made in February.

Image source: Tesla Inc

Tesla Inc (Nasdaq: TSLA ) has raised the prices of some of its electric vehicles in the US.

The Palo Alto-based electric car maker updated its website early Thursday morning to reflect new pricing for variants of the Model 3, Model Y and Model S vehicles. 

The price of Tesla’s Model 3 Standard Range Plus has increased from $36,990 to $37,490, while the Model 3 Long Range All-Wheel Drive’s cost was raised from $45,990 to $46,490. 

Tesla also raised the price of its Model Y Long Range by $1,000 to $49,990. Its Model S Plaid Plus price shot up by $10,000 to $149,990.

Thursday’s update marks the second price change over the past month to Tesla vehicles. It also partially reverses a series of price cuts made in February. 

Tesla did not say what prompted the latest change.


Source: Equities News