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Tesla to raise inventory car prices by 3% from April 2


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Tesla to raise inventory car prices by 3% from April 2

Tesla Inc. will raise the prices of all inventory cars by about 3%, beginning April 2, CEO Elon Musk said in a March 24 tweet.

The price update will not affect orders placed on Tesla's online site, where prices are slightly higher than that of existing inventory, Musk added. The founder of the California-based company also said the latest increase will bring Tesla's inventory and online prices "in line."

The electric-car maker said March 11 it will lower global vehicle prices by 3% after it partially rolled back an online-only sales strategy.

Tesla also added $1,000 on prices of all variants of its recently unveiled Model Y crossover SUV, scheduled to begin production in late 2020 in North America and early 2021 in Europe and China.

In the automaker's website, the mini-SUV's rear-wheel-drive model now costs $48,000, the dual motor all-wheel-drive model now costs $52,000 and the top-end performance version costs $61,000.

Electrek reported March 22 that Tesla increased prices on the long-range model of its Model S by $2,000 and removed the sedan's standard range battery pack.