Tesla’s Model Y cost increased by 8,000 yuan, Model 3 may follow raise

Yesterday, Tao Lin, vice president of external affairs of Tesla, announced through social media that the cost of Model Y on sale was raised by 8,000 yuan, from the previous 339,900 yuan to 347,900 yuan.

The high-performance version will be sold, the cost has been increased from 369,900 yuan to 377,900 yuan, effective immediately, and customers who have ordered are not affected by the price adjustment.

In response to the increase in the price of Model Y, the person in charge of Tesla said that was mainly affected by the increase in the company’s production and manufacturing costs.

In addition, the person in charge stated that the company has no plans to increase prices for other models on sale in China, including the China-produced Model 3.

However, according to CCTV reports, according to Tesla sales staff, 75% of the parts of the Chinese Tesla Model Y and Model 3 are universal. After the price of the Chinese Tesla Model Y is raised, it is expected that the Chinese Tesla Model will be produced in the future. The price of 3 will also increase.

Tesla’s US official website today shows that Tesla has raised the value of the Model 3 standard battery life upgraded version and the long battery life full-drive version by 500 US dollars, which are now 37,990 US dollars and 46,990 US dollars, respectively.

Goldman Sachs analysts recently warned in a report to investors that the growing demand for electric vehicle batteries will cause the value of key materials to soar. This, in turn, will drive battery prices up by about 18% that in turn will decrease the profits of electric car manufacturers, because batteries account for about 20% to 40% of vehicle costs.

(Via)