zzdcar
Home
/
Reviews
/
Buying
/
Tesla Raises Prices Significantly Across Model Lineup
Tesla Raises Prices Significantly Across Model Lineup-June 2024
2024-02-19 EST 22:09:23

Image for article titled Tesla Raises Prices Significantly Across Model Lineup

Tesla is raising the prices of its cars . This time, the price hike is being blamed on global supply-chain issues,. Raw material costs – including aluminum used in Teslas – have been on a big upswing recently.

This is the second significant price increase this year, with the last one happening .

reports some models have gone up by as much as $6,000, though not every vehicle has seen quite that increase.

Tesla Model 3

The Model 3 received the smallest price increase. The Model 3 Long Range is the only vehicle in that lineup to be affected, and it went from $54,490 to $57,990. That’s a $2,500 increase.

Tesla Model Y

Both versions of the Model Y had price increases.. The Long Range went from $62,990 to $65,990 ($3,000 increase) and the Performance rose from $67,990 to $69,990 ($2,000 increase)

Tesla Model S

The aging Model S got a more substantial price increase than 3 and Y. The Model S Dual Motor All-Wheel Drive Long Range went from $99,990 to $104,990. That’s a $5,000 price increase, on top of another $5,000 price increase that happened a few months back, according to Electrek. That means the price of the Model S – a vehicle that has been on sale for 10 years – has risen by $10,000 in 2022.

Tesla Model X

The Model X saw the worst of the price increases. A Model X Dual Motor All-Wheel Drive Long Range increased from $114,990 to $120,990. That’s a $6,000 price increase for an SUV that – like the Model S – is no longer a spring chicken.

The Grand Scheme

Tesla CEO Elon Musk has warned about the risk of a recession in recent weeks. He’s even tweeted about having a “super bad feeling” in regards to the economy and said Tesla needs to cut 10 percent of jobs at the company.

It’s also probably safe to assume the $25,000 Tesla is all but dead, .

I suppose if you want a Tesla, you better act sooner rather than later. As Marlo Stanfield said in The Wire, “”

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Buying
I Don't Believe the 2019 Volkswagen Beetle Final Edition Will Be Final Because It's the Ninth Time VW's Said That
I Don't Believe the 2019 Volkswagen Beetle Final Edition Will Be Final Because It's the Ninth Time VW's Said That
I just got back from Puebla, Mexico, where Volkswagen told me, with some gravity, that a storied line of cars come to an end with the . This didn’t have too much of an impact on me because (1) as far as I’m concerned, the Beetle died in 2004 with...
Jun 27, 2026
Why Won't Dealers Negotiate On Pre-Owned Cars?
Why Won't Dealers Negotiate On Pre-Owned Cars?
As Jalopnik’s resident car buying expert and professional car shopper, I get emails. Lots of emails. I’ve decided to pick a few questions and try to help out. This week we will discuss dealers not negotiating on used cars, paying for a private purchase from far away, and the disappearance...
Jun 27, 2026
This Chevrolet Astro With a Turf Carpet Is A Bad Pun on Wheels
This Chevrolet Astro With a Turf Carpet Is A Bad Pun on Wheels
Car puns. . Usually the puns are just a few words typed onto an internet website, but one Chevrolet Astro owner decided to build an actual, physical pun using a little bit of turf. Found is a 1998 Chevrolet Astro, a vehicle with an unkillable 4.3-liter 90 degree V6 and...
Jun 27, 2026
Help! My Boss Wants to Buy an Evil Crime Lord's Car. What Should I Do?
Help! My Boss Wants to Buy an Evil Crime Lord's Car. What Should I Do?
I need some advice. Recently my boss, who I love dearly, announced to the office that he is looking to buy a car. What kind of car? A 1980s executive sedan, black on black with a blood red interior? Should I be worried? I will not post the exact listing...
Jun 27, 2026
We're Running Out of Popular Used Cars Thanks to the Recession
We're Running Out of Popular Used Cars Thanks to the Recession
Independent dealers make most of their sales from cars around six years old, according to , but due to the recession of 2008, they’re running out of them. Sale of used cars aged between five to eight years old and nine to 12 years old are each down around 700,000...
Jun 27, 2026
Buy This Mercedes SLR McLaren 722S If You Love Halloween Every Day of the Year
Buy This Mercedes SLR McLaren 722S If You Love Halloween Every Day of the Year
I’m sorry, I know this is really unique and special, but I just cannot look past the paint job. Other people on staff like it a lot, they think it’s a nice school bus shade of yellow-orange, but all I see a garish jack-o-lantern. I will attempt to look past...
Jun 27, 2026
Copyright 2023-2026 - www.zzdcar.com All Rights Reserved