Tesla (NASDAQ:TSLA) raised prices on its Model Y lineup in the United States on Saturday, marking the company’s first Model Y price increase since 2024.
According to Tesla’s website, the Model Y Premium all-wheel drive and Model Y Premium rear-wheel drive each climbed $1,000 to $49,990 and $45,990, respectively. The Model Y Performance all-wheel drive trim rose $500 to $57,990.
Pattern Worth Watching
The increase in price reflects a broader pricing strategy by Tesla. In August 2024, the company raised the price of its highest-end Tesla Cybertruck trim by $15,000 despite weak sales and ongoing recalls. The last price increase for the Tesla Model Y, also $1,000 across all trims, took place in 2024.
Tesla Model Y SUV has been the world’s best-selling vehicle for three straight years, according to Tesla, with …
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