Tesla (NASDAQ:TSLA) raised prices on its Model Y lineup in the United States on Saturday, marking the company's first Model Y price increase since 2024.
According to Tesla's website, the Model Y Premium all-wheel drive and Model Y Premium rear-wheel drive each climbed $1,000 to $49,990 and $45,990, respectively.
The Model Y Performance all-wheel drive trim rose $500 to $57,990.
Pattern Worth Watching The increase in price reflects a broader pricing strategy by Tesla.
In August 2024, the company raised the price of its highest-end Tesla Cybertruck trim by $15,000 despite weak sales and ongoing recalls.
