- Tesla has raised the prices of some Model 3 and Model Y electric cars by $500.
- This is the fifth price change Tesla has made to its cars this year.
- It cut some prices by as much as $2,000 in February, but has gradually increased them since then.
- See more stories on Insider's business page.
Tesla is tweaking the prices on its Model 3 and Model Y cars for the fifth time this year.
The electric carmaker has bumped up the prices on some models of its Model 3 and Model Y cars by $500, as first reported by Electrek on Thursday.
Tesla has bumped the price of its Tesla Model 3 Standard Range Plus from $38,490 to $38,990, and the long-range model from $47,490 to $47,990.
The price of its Model Y long-range vehicle has gone from $50,490 to $50,990.
Tesla has continually changed the prices of its cars this year. In February, it lowered some of its prices by as much as $2,000, but bumped them back up by $500 on March 11. It increased some prices $500 on March 24, and then once more on April 9.
The cheapest Tesla on sale at the moment, the Model 3 Standard Range, is now $1,000 more expensive than it was before Tesla first cut prices in February.
from Business Insider https://ift.tt/32DpNEY
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