But Tesla’s approach to price hikes is different.
It’s slow, routine, and difficult to notice.
The Model Y initially hit the streets with a base model offered at $47,000.
However, as of today, the most affordable Tesla Model Y will run buyers $62,990.
That said, the Model Y Long Range first debuted at $51,000 and now costs $67,990.
That’s about a 30% increase, ouch.
That same car was only $48k back in 2021.
As a comparison, the base Model 3 first arrived for $35,000 and currently costs $46,990.
Again, this isn’t necessarily Tesla’s fault.