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Tesla is raising the prices of all its U.S. models — again.
This is Tesla’s second price hike of the year. Last March, the company raised its prices on all models by as much as 10%. On Twitter, Tesla CEO Elon Musk addressed the March price hike, blaming supply chain issues and the price of materials.
The new hikes are not as large as the first time around — the biggest increase in March was a jump of $12,500 — but they are still significant. The price increases range from $2,000 for the Long Range Model Y up to $6,000 for the Model X Dual Motor All-Wheel Drive.
Musk has yet to address the recent spike.
In early June, Tesla announced it was cutting 10% of its salaried staff, starting with a no-tolerance policy that demands Tesla workers return to the office. “If you don’t show up, we will assume you have resigned,” Musk said.