Tesla Announces Price Hike for Model Y in U.S. and Europe

Saturday, 16 March 2024, 20:09

Tesla (TSLA) is set to raise the prices of its Model Y electric SUV in the U.S. by $1,000 and by EUR 2,000 in select European countries. This decision comes amidst growing demands and production challenges in the electric vehicle market. The price adjustment signals Tesla's strategy to maintain profitability and fund future innovations.
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Tesla Announces Price Hike for Model Y in U.S. and Europe

Tesla's Model Y Price Increase

Tesla (TSLA) has announced a price hike for its Model Y midsize electric SUV, affecting customers in the U.S. and parts of Europe. The new prices will be $1,000 higher in the U.S. and EUR 2,000 higher in select European markets.

Key Details:

  • US Increase: Tesla will raise Model Y prices in the U.S. by $1,000.
  • European Update: Customers in certain European countries will see a EUR 2,000 price increase.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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