Tesla Inc increased the US prices of its Model S, X, and Y electric vehicles by low single-digit percentages on Thursday (May 11) , though prices were still considerably lower than at the beginning of the year. The company raised the prices for all variants of its higher-priced Model S and X vehicles by US$1,000 (S$1,300), while prices of all...
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, US on April 29, 2016.Tesla Inc increased the US prices of its Model S, X, and Y electric vehicles by low single-digit percentages on Thursday , though prices were still considerably lower than at the beginning of the year.
Tesla has slashed prices globally since January, including six times in the US, seeking to drive volume. CEO Elon Musk has said the company is willing to sacrifice margin for sales volume but was also looking to move prices back higher, where it can.
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