Tesla Raises Car Prices Again by Up to $6,000 in the U.S.; Canada Up Too

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Tesla has increased prices of its vehicles again, depending on configuration, at up to $6,000 in the U.S. The price increases on late Wednesday night PDT are as follows (via @BLKMDL3):

Model S

  • Long Range – $104,990 (+$5,000; was $99,990)
  • Plaid – $135,990 (no change)

Model X

  • Long Range – $120,990 (+$6,000; was $114,990)
  • Plaid – $139,990 (no change)

Model 3

  • RWD – $46,990 (no change)
  • Long Range – $57,990 (+$2,000; was $55,990)
  • Performance – $62,990 (no change)

Model Y

  • Long Range – $65,990 (+$3,000; was $62,990)
  • Performance – $69,990 (+$2,000; was $67,990)

We see both Long Range versions of the Model S and Model X increasing by $5,000 and $6,000, respectively.

The Model 3 Long Range jumps up $2,000, while both versions of the Model Y are up $3,000 and $2,000 respectively for Long Range and Performance. It’s clear there is high demand for both versions of the Model Y, which is becoming Tesla’s best-selling car as we’ve seen in California.

The last price round of price increases took place on April 6, and these latest come just over two months later.

While Tesla doesn’t say why prices are increasing, it’s clear inflation is a likely culprit, mixed in with the ongoing global chip shortage and supply chain pressures. Tesla is seeing heavy demand and delivery estimates can stretch up to June 2023 for the Model S and Model X Long Range entry versions.

As for Canada, after seeing price increases back on May 5, Canadians are going to be paying more as well (CAD pricing below):

Model S

  • Long Range – $136,990 (+$7,400)
  • Plaid – $178,590 (no change)

Model X

  • Long Range – $157,990 (+$10,400)
  • Plaid – $185,590 (no change)

Model 3

  • RWD – $61,980 (no change)
  • Long Range – $76,990 (+$2,000)
  • Performance – $83,990 (no change)

Model Y

  • Long Range – $86,990 (+$3,000)
  • Performance – $91,990 (+$1,600)

…developing, more to follow

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