Tesla Increases Price of Model 3 and Model Y in China–Again

Tesla has increased the price of its Model 3 and Model Y electric vehicles in China.

According to CnEVPost, the entry Model 3 (RWD) increased by RMB 10,000 ($1,569 USD) to now start at RMB $265,652 ($41,683 USD) after subsidies.

The entry Model Y (RWD) saw an increase of RMB 21,088 ($3,308 USD), now priced at RMB 301,840 after subsidies.

Both the Model 3 and Model Y estimated delivery times are showing as 12-16 weeks, as Tesla continues to see strong demand worldwide.

Tesla’s previous price increases in China were back in late November, with both the Model 3 and Model Y seeing price increases.