Hyperdrive

Tesla Raises Prices of Premium S, X Models by $2,750 in China

Customers at a Tesla showroom in Shanghai.

Photographer: Qilai Shen/Bloomberg
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Tesla Inc. raised the prices of its premium models in China, following a small increase in the cost of its top-selling Model 3 and Model Y earlier in the week.

All variants of the Model S sedan and Model X sport utility vehicle were raised 19,000 yuan ($2,750), according to the automaker’s website. Those vehicles now start at 808,900 yuan and 898,900 yuan, respectively.