Tesla Model Y price bumped up another $1,000

We know correlation is just not causation, but it looks just about every time the backlog of ships waiting around at Southern California ports grows, Tesla raises its selling prices. On Nov. 9, The Mercury News described there have been much more than 90 container ships awaiting berthing place. As Electrek spotted, overnight on Nov. 11, Tesla elevated the price of the Model Y Lengthy Selection and Design Y Overall performance by $1,000. It’s the eighth rate bump this yr, coming on the heels of two price ranges improves in October and one earlier this thirty day period. Not like the other changes to the entry-level lineup, this a single only has an effect on the Model Y, not the Model 3.

The base Design Y Very long Assortment on 19-inch wheels now commences at $58,990 in advance of the $1,200 place cost, having the compact EV crossover just past the $60,000 mark ahead of options, to $60,190. At the starting of this calendar year, this exact product cost $51,200, meaning it’s long gone up a small more than $800 for each month due to the fact then. The Product Y General performance now begins at $65,190 after vacation spot.   

Tesla hasn’t commented on the improve. If it’s a make a difference of the exact source problems that have been blamed for other will increase, the query is why this impacts only the crossover and not its sister sedan. The only hope for customers seems to be acquiring the world’s different crises to occur to an conclusion, then owning Tesla CEO Elon Musk supply on his promise to decrease rates yet again. He said throughout the firm’s 2021 shareholder meeting, “Our objective truly is to make the vehicles as inexpensive as achievable. We are seeing significant expense pressure in our offer chain, and so we’ve had to enhance — at least temporarily. But we do hope to actually decrease the price ranges in excess of time and make them extra reasonably priced.”

Shipping and delivery moments have not modified for the Model Y for now, though. Buying a Model Y now nevertheless returns a predicted shipping and delivery date of June 2022.