Tesla raises US prices for all models

Mar 14, 2022 - 17:15
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Tesla raises US prices for all models

Due to rising fuel prices in the United States, Tesla's order books are filled, giving the price rise that has already been revealed a sour aftertaste. However, it was most likely decided when the inflation rate in the United States was still at 5%.

Tesla has raised the prices of all models in the United States. Economically, the timing couldn't be better, with US order wait times reportedly skyrocketing since fuel costs reached historic highs.

However, the increase is still less than inflation, which has lately risen to 7.5 percent. The decision on the new pricing, however, could have surely been made in the second half of 2021, when they were still hovering around 5%.

The changes look like this:

  • Model 3 Rear-Wheel Drive: $44,990 to $46,990 - 4.5 percent
  • Model 3 Long Range: $51,990 to $54,490 - 4.8 percent
  • Model 3 Performance: $58,990 to $61,990 - 5.1 percent
  • Model Y Long Range: $59,990 to $62,990 - 5.0 percent
  • Model Y Performance: $64,990 to $67,990 - 4.6 percent
  • Model S Dual Motor: $94,990 to $99,990 - 5.3 percent
  • Model S Tri engine: $129,990 to $135,990 - 4.6 percent
  • Model X Dual Motor: $104,990 to $114,990 - 9.5 percent
  • Model X Tri engine: $126,490 to $138,990 - 9.9 percent

Customers who want to purchase the Model X will have to go deep into their pockets. The price rise should have the least impact on sales data in the case of the most costly models above the six-digit mark. Tesla is in a really comfortable position, with full-order books and a fairly sturdy image that is reminiscent of Apple.

Even die-hard Tesla fans will be surprised by this price increase, given Tesla only a week ago lowered costs in the US for long-distance models, probably because of rising nickel prices.

Tesla declined to comment on the recent price rise, and Elon Musk, who is also silent on Twitter, referred to the pressure from raw material and logistics costs at SpaceX and Tesla on Monday.

The second rise, presumably, has been planned for some time, although last week's appeared more ad hoc because the consequences of the epidemic were mentioned and the increase was $1,000. Meanwhile, the second increase appears to be more in line with US inflation until the Ukraine situation increased the values again.