Reportedly, Tesla (TSLA) has increased prices across models amid ongoing supply chain woes and elevated inflation.
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Model 3 Long Range will now cost $57,990 from $54,490, up by $2,500.
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Model Y Long Range increased to $65,990 from $62,990, up by $3,000.
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Model X Dual Motor All-Wheel Drive SUV rises to $120,990 from $114,990, a $6,000 price increase also the largest nominal price hike.
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Model S Dual Motor All-Wheel Drive increased to $104,990 from $99,990, up by $5,000.
However, the prices for Tesla’s cheapest model, the Model 3 Rear Wheel Drive, and its most expensive, the Model S Plaid, remained unchanged. Musk warned during Tesla’s Q1 earnings call on April 20 that prices were rising across the board for materials and components, but that the company had locked in pricing with suppliers for at least the short term.
The CEO also expressed concern about the current state of the economy, claiming he had a “super bad feeling” about the economy announcing that Tesla needed to cut 10% of jobs at the company.
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