Tesla raises prices of Model Y cars in the US for the first time in two years
Add BT as a preferred source
TESLA raised the prices of its Model Y cars in the United States on Saturday, according to its website.
The company increased the price of its Model Y premium all-wheel drive and Model Y premium rear-wheel drive by US$1,000 to US$49,990 and US$45,990 respectively.
The company also raised the price of its Model Y Performance all-wheel drive to US$57,990 in the United States, up US$500 from earlier, the website showed.
In August last year, the company raised the price of its most-expensive Cybertruck pickup truck model by US$15,000 in the United States despite softer-than-expected sales and recalls.
Tesla did not provide a reason for the price increase.
The last time the company increased the price of Model Y cars was two years in 2024 ago when it raised the prices of all Model Y cars by US$1,000. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Ohmyhome Ltd sells real estate business for US$1 due to poor business and continued losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
