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Tesla To Raise Vehicle Prices Again Amid Rising Material Costs


Tesla To Raise Vehicle Prices Again Amid Rising Material Costs
By
Dawn Geske
on June 02 2021 12:16 AM
Tesla Motors CEO Elon Musk speaks next to the company s Model S at the Tesla factory in Fremont, California.
Tesla (TSLA) is increasing the price of its electric vehicles again, according to a Twitter post from Elon Musk, due to the rising costs of raw materials.
Musk made the announcement Monday in response to a Twitter user that questioned the Tesla CEO’s recent price increase while removing features such as the lumbar support in the Model Y.
 
Moving lumbar was removed only in front passenger seat of 3/Y (obv not there in rear seats). Logs showed almost no usage. Not worth cost/mass for everyone when almost never used. ....

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