Tesla Announces Model Y Price Hikes in U.S. and Europe
TL;DR Summary
Tesla announced that it will raise prices for all Model Y vehicles in the U.S. by $1,000 on April 1, following a previous increase in March. The company also plans to increase the price of its Model Y electric vehicles in several European countries by approximately 2,000 euros on March 22. CEO Elon Musk cited the challenge of balancing continuous production with seasonal consumer demand, while also acknowledging that Tesla's margins have been impacted by a price war with rivals.
- Tesla to raise U.S. prices for Model Y vehicles by $1,000 on April 1 CNBC
- Tesla to raise prices on Model Y electric vehicles in parts of Europe Reuters
- Tesla warns of Model Y price increase as new end-of-quarter incentive Electrek.co
- Tesla to raise Model Y prices in the U.S. and in parts of Europe (NASDAQ:TSLA) Seeking Alpha
- Tesla to increase Model Y price in the U.S. next month TESLARATI
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