Tesla is raising the prices of its cars . This time, the price hike is being blamed on global supply-chain issues,. Raw material costs – including aluminum used in Teslas – have been on a big upswing recently.
This is the second significant price increase this year, with the last one happening .
reports some models have gone up by as much as $6,000, though not every vehicle has seen quite that increase.
The Model 3 received the smallest price increase. The Model 3 Long Range is the only vehicle in that lineup to be affected, and it went from $54,490 to $57,990. That’s a $2,500 increase.
Both versions of the Model Y had price increases.. The Long Range went from $62,990 to $65,990 ($3,000 increase) and the Performance rose from $67,990 to $69,990 ($2,000 increase)
The aging Model S got a more substantial price increase than 3 and Y. The Model S Dual Motor All-Wheel Drive Long Range went from $99,990 to $104,990. That’s a $5,000 price increase, on top of another $5,000 price increase that happened a few months back, according to Electrek. That means the price of the Model S – a vehicle that has been on sale for 10 years – has risen by $10,000 in 2022.
The Model X saw the worst of the price increases. A Model X Dual Motor All-Wheel Drive Long Range increased from $114,990 to $120,990. That’s a $6,000 price increase for an SUV that – like the Model S – is no longer a spring chicken.
Tesla CEO Elon Musk has warned about the risk of a recession in recent weeks. He’s even tweeted about having a “super bad feeling” in regards to the economy and said Tesla needs to cut 10 percent of jobs at the company.
It’s also probably safe to assume the $25,000 Tesla is all but dead, .
I suppose if you want a Tesla, you better act sooner rather than later. As Marlo Stanfield said in The Wire, “”