Author Topic: Sorry, Papa Pete: Tesla Raises Prices on All Models After Buttigieg Suggests Buying an EV to Combat  (Read 193 times)

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Sorry, Papa Pete: Tesla Raises Prices on All Models After Buttigieg Suggests Buying an EV to Combat Pain at the Pump

Lucas Nolan 15 Mar 2022

Elon Musk’s Tesla has increased the prices of its entire lineup of electric vehicles shortly after Transportation Secretary Pete Buttigieg promoted electric cars as a solution to high gas prices.

The Verge reports that Tesla has raised prices across its entire vehicle lineup by between 5 and 10 percent. The cheapest Tesla vehicle, the Model 3 Rear-Wheel Drive, now has a starting price point of $46,990. The company’s top-end Model X Tri motor has increased in price by $12,500, from $126,490 to $138,990.

Last Wednesday, Tesla increased the cost of a number of its long-range model, but the recent price raises are more substantial and apply to the company’s entire vehicle lineup. The Verge compiled a price increase chart which can be seen below:

    Model 3 Rear-Wheel Drive: $44,990 to $46,990
    Model 3 Long Range: $51,990 to $54,490
    Model 3 Performance: $58,990 to $61,990
    Model Y Long Range: $59,990 to $62,990
    Model Y Performance: $64,990 to $67,990
    Model S Dual Motor: $94,990 to $99,990
    Model S Tri Motor: $129,990 to $135,990
    Model X Dual Motor: $104,990 to $114,990
    Model X Tri Motor: $126,490 to $138,990

Earlier this week, Tesla CEO Elon Musk tweeted that his companies were suffering from inflation pressure in raw materials and logistics. Many of the materials used to manufacture electric vehicles such as steel, nickel, and palladium, have increased in price.

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https://www.breitbart.com/tech/2022/03/15/sorry-papa-pete-tesla-raises-prices-on-all-models-after-buttigieg-suggests-buying-an-ev-to-combat-pain-at-the-pump/
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