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Tesla hikes U.S. prices across car models
source link: https://www.cnbc.com/2022/06/16/tesla-hikes-us-prices-across-car-models.html
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Key Points
- The electric carmaker increased its Model Y long-range price to $65,990 from $62,990.
- The price hike comes as costs of raw materials have surged.
- Earlier this month, Elon Musk said Tesla needed to cut 10% of jobs at the company.
In this article
Interior view of a Tesla showroom on April 26, 2022 in New York City.
Kena Betancur | Corbis News | Getty Images
Tesla raised prices for all its car models in the United States, its latest price hike amid ongoing global supply-chain issues.
The electric carmaker increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying the deliveries of some long-range models in the United States by up to a month.
The price hike comes as costs of raw materials have surged, including aluminum that is used in cars.
Tesla CEO Elon Musk has warned about the risk of a recession in recent weeks. Earlier this month, Musk said he had a "super bad feeling" about the economy and said Tesla needed to cut 10% of jobs at the company.
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