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Tesla to raise US prices for Model Y vehicles by $1,000 on April 1 By Reuters

ReutersBy ReutersMarch 16, 2024No Comments2 Mins Read

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Tesla to raise US prices for Model Y vehicles by $1,000 on April 1
© Reuters. FILE PHOTO: Mannequin Y automobiles are pictured in the course of the opening ceremony of the brand new Tesla Gigafactory for electrical automobiles in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool through REUTERS/File Picture

(Reuters) -Tesla on Friday mentioned it’s going to improve costs for all Mannequin Y automobiles in the US by $1,000 on April 1, the automaker mentioned on its web site.

“Costs will improve by $1,000 for all Mannequin Y trims on April 1,” Tesla (NASDAQ:) mentioned on its web site.

The corporate on March 1 had additionally raised the costs of its Mannequin Y rear-wheel drive and long-range autos by $1,000 to $43,990 and $48,990, respectively.

Tesla didn’t make it explicitly clear if the April improve would come on prime of the March improve for the rear-wheel and long-range fashions.

Tesla had briefly minimize costs of a few of its Mannequin Y automobiles within the U.S. in February, almost a month after it slashed costs throughout Europe and China.

“That is the important quandary of producing: factories want steady manufacturing for effectivity, however client demand is seasonal,” CEO Elon Musk mentioned in February, replying to a put up on X from Tesla saying costs would go up in March.

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