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  210.00
+2.08 (1.00%)
AAPL  264.18
-8.77 (-3.21%)
AMD  213.84
+0.00 (0.00%)
BAC  49.83
-2.47 (-4.72%)
GOOG  311.43
+4.28 (1.39%)
META  648.18
-8.83 (-1.34%)
MSFT  389.00
+0.00 (0.00%)
NVDA  177.19
-7.70 (-4.16%)
ORCL  145.40
-4.91 (-3.27%)
TSLA  402.51
-6.07 (-1.49%)
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.