Tesla raises prices across its entire EV lineup | Engadget

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Tesla raises prices across its entire EV lineup | Engadget
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Tesla raises prices across its entire EV lineup

reports, its prices now start at $46,990 for the base Model 3, $2,000 higher than before. The Model 3 Dual Motor All-Wheel Drive is now $2,500 more expensive at $54,490, and the Performance version now costs $3,000 more at $61,990.Meanwhile, Model Y's prices now start at $62,990, or $2,000 higher than before, for the Long Range version. Tesla has increased the Performance version's pricing by $3,000, as well, which means it'll now set you back $67,990.

Although Tesla has quietly raised prices overnight, the move didn't come out of left field. On Twitter, company chief Elon Musk hinted at the possibility of a price hike. He said both Tesla and SpaceX are seeing"significant recent inflation pressure in raw materials [and] logistics." He didn't elaborate, but he

to an article about commodity prices soaring due to fears over the shortage of raw materials that Russia exports. and more than doubling since the war started. Russia is a key supplier of the metal, which is a critical component of lithium-ion batteries used by Tesla and other EV manufacturers. In addition,

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