Tesla to raise price of China-produced Model Y vehicles from April 1
Reuters
Published Mar 19, 2024 10:06PM ET
Updated Mar 19, 2024 10:45PM ET
BEIJING (Reuters) - Tesla (NASDAQ:TSLA) will raise the price of China-produced Model Y vehicles by 5,000 yuan ($694.55) from April 1, the company confirmed to Reuters on Wednesday.
Tesla said prices of its Model Y vehicles will be increased by approximately 2,000 euros ($2,177) in some European countries effective March 22, according to a company statement on Saturday. It had announced on Friday price hikes for all Model Y cars in the U.S. by $1,000 effective April 1.
($1 = 7.1989 Chinese yuan renminbi)
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Written By: Reuters
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