Tesla, owned by Elon Musk, is raising prices for its entire line of electric cars

Tesla, owned by Elon Musk, has once again raised prices for its electric cars across its lineup, with some models going up to $6,000. According to auto-tech website Electrek, after a year of nearly monthly price increases in 2021, Tesla slowed rapid price increases across all of its electric vehicles in early 2022. However, the carmaker electric vehicles updated its online configurator overnight to once again raise prices for its entire range.

The Model 3 is the one with the smallest price increase of the entire Tesla lineup. Only the Model 3 Long Range is affected since it went from $54,490 to $57,990, a price increase of $2,500, the report said.

The Model Y, which has become Tesla’s most popular model, suffered a larger price increase as both versions of the electric SUV increased in cost. The Y Long Range model went from $62,990 to $65,990 and the Y Performance model from $67,990 to $69,990.

The Tesla Model S has also seen a significant price increase, following a sharp $5,000 jump just a few months ago. The two-motor, all-wheel-drive, long-range Model S went from $99,990 to $104,990 with the price increase. The Plaid version of the flagship electric sedan remains priced the same at $135,990.

The Model X Dual Motor All-Wheel Drive Long Range dropped from $114,990 to $120,990 with the price increase.

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