Tesla raises price of Model Y, Model 3 variants
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May 21, 2021 09:22 AM

Tesla raises price of Model Y, Model 3 variants

The automaker has increased the price of its Model 3 Long Range and Standard Range Plus and Model Y Long Range by $500.

EVA MATHEWS
Reuters
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    Tesla Inc. has increased the price of its Model 3 Long Range and Standard Range Plus and Model Y Long Range by $500, the electric-car maker’s website showed on Friday.

    The price of its cheapest Model 3 Standard Range Plus has been increased to $39,990, while the Model 3 Long Range AWD was raised to $48,990.

    Its Model Y Long Range AWD is now priced at $51,990 compared with $51,490 previously, according to the website.

    Tesla delivered 182,780 Model 3s and Ys in the first quarter, up 13% from the preceding quarter. A ramp-up in production and solid demand for its less-expensive models had helped offset the impact of a global parts shortage.

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