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Tags: tesla price hikes | supply chain | inflation | electric vehicles

Tesla Hikes US Prices Across Car Models

Tesla Hikes US Prices Across Car Models
A general view as motorists charge their vehicles with a Tesla supercharger, Wednesday, June 15, 2022, in Houston. Electric vehicle sales continue to rise nationwide amidst surging gas prices. (AP)

Thursday, 16 June 2022 07:42 AM EDT

Tesla Inc. raised prices for all its car models in the United States, its latest price hike amid ongoing global supply-chain issues.

The electric carmaker increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying the deliveries of some long-range models in the United States by up to a month.

The price hike comes as costs of raw materials have surged, including aluminum that is used in cars.

Tesla Chief Executive Officer Elon Musk has warned about the risk of a recession in recent weeks. Earlier this month, Musk said he had a "super bad feeling" about the economy and said Tesla needed to cut 10% of jobs at the company.

© 2022 Thomson/Reuters. All rights reserved.


StreetTalk
Tesla Inc. raised prices for all its car models in the United States, its latest price hike amid ongoing global supply-chain issues.
tesla price hikes, supply chain, inflation, electric vehicles
118
2022-42-16
Thursday, 16 June 2022 07:42 AM
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