Tesla Raises Car Prices In China And The U.S. After CEO Elon Musk Warns About Inflation

Materials like nickel, which is a key component in electric vehicle batteries, are increasing.

A flurry of Covid cases in China, and lockdowns in certain cities have created an additional challenge to already stretched supply chains. It is also difficult to find critical components such as semiconductors.

Tesla’s China website posted Tuesday the Model 3 Performance starting price at 367,900 Yuan ($57,648). The South China Morning Post reported that the Model 3 Performance’s starting price was 367,900 yuan ($57,648). 10 The price was 349.900 Yuan, after an earlier increase on that day.

The Model Y Long Range in China is now priced at 375,900 yuan, up from 357,900 yuan previously. The Model Y Performance currently costs 417,900 yuan and is up from 397.900 yuan.

<< Previous