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Wednesday 2 June 2021
Elon Musk blames rising Tesla prices on raw material costs
Add Teslas to the list of items that are costing more money during the pandemic. Last week Tesla raised the price of the Model 3 by $2,000US to $39,990US for the base model, according to a comparison of its website on the Wayback Machine internet archive.
Tesla also raised the price of the Model Y SUV by $5,000US to $51,990US.
When a Tesla fan questioned the price increases on Twitter, Musk responded that the price increases were beyond its control.
Read the whole news on cnn.com