Tesla Increases Price of Model Y RWD in China

model y china

Tesla continues to tweak its prices worldwide and its latest price hike comes in China.

The electric automaker on Thursday evening increased the price of the Model Y rear wheel drive (RWD) by 2000 RMB, now starting at 261,900 (was 259,900), reports @Tslachan. That’s the equivalent of a $294 USD price jump.

The price increase comes after Tesla decreased the Model Y RWD on January 6, 2023, from 288,900 RMB down to 259,900.

As of writing, the Model Y RWD in China has an estimated delivery time of 2 to 5 weeks, with vehicles produced at Gigafactory Shanghai.

Tesla has ramped up Giga Shanghai after the Lunar New Year holiday, and it’s evident based on the video shared today of the Shanghai South Port Terminal by Wu Wa:

https://www.youtube.com/watch?v=SCbUJnM067M

Recently in the U.S., Tesla increased the price of the Model Y in the U.S., and lowered the price of the entry Model 3.