Tesla to raise price of China-produced Model Y vehicles from April 1

Tesla said prices of its Model Y vehicles will be increased by approximately 2,000 euros ($2,177) in some European countries effective March 22, according to a company statement on Saturday. It had announced on Friday price hikes for all Model Y cars in the U.S. by $1,000 effective April 1.

Reuters

March 20, 2024 / 12:54 IST

Tesla to raise price of China-produced Model Y vehicles from April 1

Tesla will raise the price of China-produced Model Y vehicles by 5,000 yuan ($694.55) from April 1, the company confirmed to Reuters on Wednesday.

Tesla said prices of its Model Y vehicles will be increased by approximately 2,000 euros ($2,177) in some European countries effective March 22, according to a company statement on Saturday. It had announced on Friday price hikes for all Model Y cars in the U.S. by $1,000 effective April 1.

Reuters

first published: Mar 20, 2024 08:34 am

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