Tesla Slid Over 3% in Premarket Trading After Raising U.S. Prices Across Car Models

Tiger Newspress2022-06-16

Tesla slid over 3% in premarket trading after raising U.S. prices across car models.

It increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying the deliveries of some long-range models in the United States by up to a month.

The price hike comes as costs of raw materials have surged, including aluminium that is used in cars.

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