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  234.51
+1.29 (0.55%)
AAPL  279.75
+0.90 (0.32%)
AMD  219.63
+2.10 (0.97%)
BAC  53.51
-0.14 (-0.27%)
GOOG  317.95
-2.17 (-0.68%)
META  643.54
-4.41 (-0.68%)
MSFT  488.97
-3.04 (-0.62%)
NVDA  179.32
+2.32 (1.31%)
ORCL  201.64
-0.31 (-0.15%)
TSLA  429.81
-0.36 (-0.08%)
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.