Tesla raises prices for all its models in the U.S. by 4.5-6.5%

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter

The EV sector leader Tesla updated on Thursday the prices on its website for all its models in the United States. Although the company has not yet commented on the price increase, the recent inflation numbers and the ongoing global supply-chain issues are seen as the main reasons for the decision.

The best selling models Model 3 (Long Range) went from $54,490 to $57,990 — a $2,500 increase — while the Model Y (also LR) price went from $62,990 to $65,990, a $3,000 price increase.

Tesla Model 3 Long Range$54,490$57,990+$3,500 (+6.42%)
Tesla Model Y Long Range$62,990$65,990+$3,000 (+4.76%)
Model X Dual Motor AWD$114,990$120,990+$6,000 (+5.22%)
Model S Dual Motor AWD$99,990$104,990+$5,000 (+5.00%)

Model X Dual Motor All-Wheel Drive (AWD) price increased from $114,990 to $120,990 (+$6,000) and the Model S Dual Motor AWD increased from $99,990 to $104,990, a change of 5.00%.

Since the start of 2021, Model Y LR price has increased $16,000 from $50,000 to $66,000 while the Model X LR price went from $90,000 to $121,000 in the United States.

On Tuesday, Tesla Silicon Valley Owners Club released on Tuesday the second segment of a three-part interview where Elon Musk said “unless something changes significantly with Rivian and Lucid, they will both go bankrupt“.

“Unless something changes significantly with Rivian and Lucid, they will both go bankrupt. They are tracking toward bankruptcy. I hope they can do something, but unless they can cut their cost dramatically, they are in deep trouble and will end up in the cemetery like every other car company with the exception of Tesla and Ford”, Musk said.

Earlier this week, Tesla’s CEO via Twitter that the company will release the 10.13 beta version of its Full Self Driving technology in 2 weeks, in late June. According to what Musk tweeted on Friday, the version goes “deep on roundabouts” and “should get noticeably better with 10.13”.

On June 5, Tesla’s CEO had said that the upcoming version “smooths out intersection control, especially long lefts, and starts to handle roads with no map data at all” adding that “within a few months, FSD should be able to drive to a GPS point with zero map data”.

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter

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