Investing
Tesla raises prices for all vehicles except Model 3 in US
© Reuters. FILE PHOTO: A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo
(Reuters) – Tesla (NASDAQ:) Inc raised the U.S. prices for its Model S, X, and Y electric vehicles on Thursday, according to its website.
The company raised the prices for all variants of its Model S and X vehicles by $1,000, while prices of all Model Y variants were increased by $250, its website showed.
There were no changes to the prices of its Model 3 vehicle.
Last month, Tesla Chief Executive Officer Elon Musk had said the company would prioritize sales growth ahead of margins and look to profit later on its rollout of self-driving software for a larger fleet of vehicles.
Read the full article here