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Tesla (TSLA) significantly increases its electric car prices across its lineup

Tesla (TSLA) has considerably elevated the costs of its electrical vehicles throughout its complete lineup with some fashions going up by as a lot as $6,000.

After a 12 months of accelerating costs virtually each month in 2021, Tesla slowed down the speedy rise in costs throughout its electrical autos in early 2022.

The final major price increase was in March 2022 – adopted by a smaller one on long-range vehicles in April.

However now the automaker is again at it.

Right now, Tesla up to date its on-line configurator in a single day to once more enhance costs throughout its complete lineup.

Electrek tracked the worth will increase:

Tesla Mannequin 3

The Mannequin 3 is the one which bought the smallest worth enhance of all Tesla’s lineup at this time.

Solely the Mannequin 3 Lengthy Vary is affected because it went from $54,490 to $57,990 – a $2,500 worth enhance:

Tesla Mannequin Y

The Mannequin Y, which has turn into Tesla’s hottest mannequin, has obtained a much bigger worth enhance with each variations of the electrical SUV going up in value.

  • Mannequin Y Lengthy Vary went from $62,990 to $65,990
  • Mannequin Y Efficiency went from $67,990 to $69,990

Tesla additionally now sells a Mannequin Y Customary Vary, the brand new model in-built Texas, however Tesla has but to let folks purchase it by its on-line configurator and solely offers it to local Model Y buyers in Texas on an invite foundation for now.

Tesla Mannequin S

Tesla Mannequin S additionally noticed its worth enhance considerably at this time, and that’s after a giant $5,000 worth enhance just some months in the past.

The Mannequin S Twin Motor All-Wheel Drive Lengthy Vary went from $99,990 to $104,990 with the worth enhance at this time.

The Plaid model of the flagship electrical sedan stays the identical worth at $135,990.

Tesla Mannequin X

Just like the Mannequin S, the Mannequin X noticed a big worth enhance earlier this 12 months and now once more at this time.

The Mannequin X Twin Motor All-Wheel Drive Lengthy Vary went from $114,990 to $120,990 with the worth enhance at this time.

That’s a big $6,000 worth enhance for the electrical SUV.

Like with the Mannequin S, Mannequin X Plaid stays the identical worth for now at $138,990

Electrek’s Take

As ordinary, Tesla doesn’t disclose the explanation behind these worth will increase, however we’ve our suspicions.

Will increase in uncooked materials costs and logistic prices are ordinary suspects.

Additionally, Tesla has a big backlog of orders with new orders for a number of of these fashions solely being delivered 6 to 12 months from now, in accordance with the web configurator.

Subsequently, Tesla has to attempt to predict value will increase for across the time that it will likely be producing these autos 6 to 12 months from now.

Or Tesla may simply be seeking to enhance its gross margins. Whereas the corporate was complaining about growing prices throughout its worth will increase final 12 months, its gross margins on autos have persistently elevated during the last 12 months.

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