Tesla raises Model Y prices by 2,000 euros in Europe on March 22, following a $1,000 US increase on April 1.
Tesla announced it will raise the prices of its Model Y electric vehicles in several European countries by approximately 2,000 euros ($2,177) on March 22, following an announcement of a $1,000 price increase for all Model Y cars in the US on April 1. The price hikes come as Tesla faces fluctuating demand and production challenges, with CEO Elon Musk emphasizing the need for continuous production for efficiency, while also acknowledging the seasonal nature of consumer demand.
March 16, 2024
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