Tesla Inc raised prices for all its car models in the United States, its latest price hike amid ongoing global supply-chain issues.
The electric carmaker increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying the deliveries of some long-range models in the United States by up to a month.
The price hike comes as costs of raw materials have surged, including aluminium that is used in cars.
Tesla Chief Executive Officer Elon Musk has warned about the risk of a recession in recent weeks. Earlier this month, Musk said he had a ”super bad feeling” about the economy after cutting about 10% of jobs at Tesla .
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
