Tesla raises the prices of all its electric cars and the bill is rather steep

Tesla is making a new price increase in the United States. This time, all models of the brand are concerned. The manufacturer justifies this increase by “inflationary pressure” in terms of raw materials and logistics.

Credits: Tesla

Definitely, Tesla is chaining price increases. After boosting the price of certain Long Range models last Wednesday, the American brand has just announced a new price increase on the US market. This time, the price increase concerns all of the company’s electric vehicles.

On average, the price of each model was increased by 5 to 10%. The automaker’s cheapest and most popular car, the Model 3 Rear – Wheel Drive, is now trading at $46,990 instead of $44,990. As for the Model X Tri Motor, the most expensive model offered by Tesla, its price has skyrocketed from $126,490 to $138,990. That’s an increase of $12,500.

Read also: Tesla increases prices at Superchargers in France again

Tesla revises all of its prices upwards in the United States

Here is the new fee schedule that came into effect in the USA this Tuesday, March 15, 2022:

  • Model 3 Rear – Traction: $44,990 to $46,990
  • Model 3 Long Range: $51,990 to $54,490
  • Model 3 Performance: $58,990 to $61,990
  • Model Y Long Range: $59,990 to $62,990
  • Model Y Performance: $64,990 to $67,990
  • Model S Bi-Motor: $94,990 to $99,990
  • Model S Tri-Motor: $129,990 to $135,990
  • Model X Bi-Motor: $104,990 to $144,990
  • Model X Tri-Motor: $124,490 to $138,990

Tesla like Elon Musk did not give a detailed justification for this new increase. The brand clarified thata number of factors prompted it to revise its prices upwards. First of all, the CEO explained on Twitter this Monday, March 14, 2022 that “Tesla and SpaceX are under significant inflationary pressure in raw materials and logistics.”

In effect, inflation has increased by 7.9% since the beginning of the year in the United Statesdue in particular to the rise in the costs of energy, food and services, while the prices of the raw materials essential to the manufacture of electric vehicles such as steel, nickel or even palladium have soared since the start of the conflict in Ukraine.

As a reminder, the price of the Tesla Model 3 in France has risen by €6,000. As a result, required customers can no longer claim the maximum ecological bonus. With a total bill now set at €46,990, the Model 3 is only eligible for the ecological bonus of €2,000 and not €6,000.

Source: The Verge

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