Skip to main content

Us Pricing for Several Tesla Models Has Risen by Up to $6,000 Due to Increased Commodity Costs and the Global Supply-chain Problem.

Due to higher material costs and the worldwide supply-chain issue, US pricing for numerous Tesla models has jumped by up to $6,000, impacting Tesla’s profitability.

According to a digital snapshot of Tesla’s website on Wayback Machine, the price of Tesla’s Model X jumped from $120,490 on May 18 to $126,490.

As of last month, the Model Y list price was $64,990, while the Model S list price was $109,490, an increase of $10,490.

There have been reports that the recent Covid-19 lockdowns in Shanghai, where Tesla’s Gigafactory is located, could cause delivery delays, prompting a 34% drop in the stock price of Tesla (ticker: TSLA). The second-quarter deliveries of electric vehicles are expected to fall short of estimates, according to Barclays analysts this month.

As a result of CEO Elon Musk’s $44 billion intention to acquire social media site Twitter TWTR +2.07 percent (TWTR), several Tesla investors have expressed their displeasure.

In premarket trade, Tesla shares have lost 4%.

The post Us Pricing for Several Tesla Models Has Risen by Up to $6,000 Due to Increased Commodity Costs and the Global Supply-chain Problem. appeared first on Best Stocks.

Recent Quotes

View More
Symbol Price Change (%)
AMZN  239.64
-3.37 (-1.39%)
AAPL  256.30
-0.14 (-0.05%)
AMD  247.10
-5.64 (-2.23%)
BAC  52.83
+1.02 (1.96%)
GOOG  333.25
-3.02 (-0.90%)
META  733.48
+64.75 (9.68%)
MSFT  424.80
-56.83 (-11.80%)
NVDA  189.03
-2.50 (-1.30%)
ORCL  164.78
-8.02 (-4.64%)
TSLA  422.91
-8.55 (-1.98%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.