Tesla Raises Prices Across Lineup; Cheapest Model Is $46,990
- Prices increase by 3-5% in U.S. and China, Credit Suisse says
- Elon Musk says Tesla, SpaceX seeing higher raw material costs
This article is for subscribers only.
Tesla Inc. raised prices on all its vehicles after Chief Executive Officer Elon Musk said costs were increasing at the companies he runs.
The cheapest Model 3 in the U.S. is now $46,990, according to Tesla’s website. The company raised prices by 3% to 5% in both the U.S. and China, Dan Levy, a Credit Suisse analyst, said in a note to clients.