Tuesday, 29 April 2025

Tesla raises all its car prices except for Model 3‎

Tesla raised the prices of its Model S, X and Y electric cars in the United States on Thursday

According to “CNN”, a statement on the Internet showed that the company raised the prices of all types of its S and X cars by $1,000, while it increased the prices of all its Y cars by $250.

The only model whose cars did not witness an increase in price was the Model 3

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And Tesla CEO, Elon Musk, said last April that the company would prioritize sales growth before profits and look to make a profit later when introducing self-driving programs for a larger fleet of vehicles, and Musk added at the time that the price-cutting strategy is to increase sales volume. It will harm newcomers in the electric car industry, such as Lucid and Rivian

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