Tesla raises prices on all EVs yet again

Tesla raises prices on all EVs yet again

In this morning’s least surprising piece of news, Tesla cars cost more money. Again. As has frequently been the case this year, Tesla implemented effect increases for the Model S and Model X EVs this past weekend, as well as the Model 3 and Model Y. The cars are as much as $5,000 more expensive than before.

The note bumps bring the cost of the Model S Long Range, the cheapest Model S available, to $96,190. For the Model X Long Range, also the cheapest version on sale, the price climbs to $106,190. Both are up by $5,000. As for the brand’s “entry-level” cars, the note tags reflect a $2,000 increase. The Model 3 now starts at $45,190 and the Model Y jumps to $58,190. All prices include a mandatory destination charge of $1,200.

Tesla does not benefit a public relations department to field requests for comment, so it’s unclear why the prices jumped this past weekend.

However, CEO Elon Musk addressed Model 3 and Model Y note increases in the past, so perhaps the explanation is dissimilarity this time. Like so many other automakers, Tesla corpses to deal with supply chain bottlenecks and compincorporating costs for materials. In turn, the company continues to study prices, though soaring demand for its cars may also help boom the rising prices, too. Teslas made up well over half of all new EV registrations in the salubrious half of this year.

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