Tesla has raised prices by up to $ 6,000 for all models, but not all versions of its electric cars.

The company’s cheapest vehicle, the Model 3 with rear-wheel drive, was not included in Wednesday’s price increase and remains priced at $ 46,990. Despite years of promises from Tesla for a mass market version of $ 35,000, the car was available at this price for only a very short period.

One of the other two versions of the Model 3, Performance with two engines and all-wheel drive, also saw that its price remained the same – $ 62,990 – but the price of the base model 3 with two engines and all-wheel drive jumped $ 2,000 to $ 57,990.

However, the company moved its headquarters to Austin in December expand your office in Palo Alto and the continued operation of a Fremont plant, which CEO Elon Musk said in April, could expand significantly.

Tesla did not immediately answer questions about the first price increases reported from the Electrek website. Wedbush Securities analyst Dan Ives attributes the rise in Tesla prices to supply and inflation problems that have arisen worldwide for many industries amid the coronavirus pandemic. “Rising supply chain prices catalyze these latest Tesla price increases as they pass them on to consumers,” Ives said. “This is the nature of the beast in this inflationary background.”

Tesla’s main production focus, Ives said, is the Model Y SUV, which is the next model above the Model 3 in price. The company raised prices for both versions of the Model Y, with an increase of $ 3,000 to $ 65,990 for the twin-wheel drive and all-wheel drive and an increase of $ 2,000 to $ 69,990 for the Performance version.

For the Model S sedan, the two-wheel drive and all-wheel drive version rose by $ 5,000 to $ 104,990, while the price of the three-wheel-drive version of the Plaid remained at $ 135,990.

The biggest increase came from the compact SUV Model X with two engines and all-wheel drive, with Tesla increasing the price by $ 6,000 to $ 120,990. The price of the three-engine Plaid version remained at $ 138,990.

Tesla last increased car prices in March, after Musk tweets that Tesla suffers from “significant recent inflationary pressures on raw materials and logistics.”

Governments around the world are aiming to electrify transport. California has ordered all new cars and vans sold to be zero emissions by 2035, and the White House wants half of all new vehicle sales to be electric cars by 2030, but electric cars remain far from the reach of most Americans. America’s average pre-tax income was $ 1,037 a week for the first three months of this year. According to The US Bureau of Labor Statistics, so the cheapest Tesla would eat up almost 90% of the average person’s annual income.

Prices for high-end electric cars from Cadillac, Rivian and Lucid also rose. General Motors announced earlier this month that it would cut the price of its cheapest Chevrolet Bolt to $ 26,595, making the vehicle the cheapest electric car in the United States, but even that price would take half the average American before taxation.


Tesla hikes prices for all models, including Model 3, but not all versions

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