Tesla's latest round of price increases spread around the world, which is not good news on top of all the economic uncertainty and long queues.

According to various reports, after yesterday's price boost in the U-S and Canada, Tesla applied higher prices also in the European countries, as well as in China, Australia, South Korea, and Japan. Usually, it's a few grand more and an equivalent of a few percent.

Not necessarily all models and versions are affected right now, but considering the previous practice, they might be in the following round.

Those few markets give us glimpses of what is happening right now. Hopefully, it will not escalate even further later this year, but who knows?

Source: Re-posted and Summarized from Mark Kane at insideevs.

My Take: I guess with inflation pressures and the crazy price of Lithium right now, Elon had to do it.

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Tesla's latest round of price increases spread around the world, which is not good news on top of all the economic uncertainty and long queues.

According to various reports, after yesterday's price boost in the U-S and Canada, Tesla applied higher prices also in the European countries, as well as in China, Australia, South Korea, and Japan. Usually, it's a few grand more and an equivalent of a few percent.

Not necessarily all models and versions are affected right now, but considering the previous practice, they might be in the following round.

Those few markets give us glimpses of what is happening right now. Hopefully, it will not escalate even further later this year, but who knows?

Source: Re-posted and Summarized from Mark Kane at insideevs.

My Take: I guess with inflation pressures and the crazy price of Lithium right now, Elon had to do it.

Re Posted From: Tesla Price Increase Spreads Around The World

Auto Helpers