Tesla hikes prices again by up to $5,000

Tesla prices are a lot like the company’s stock lately, they just keep going up.

The cheapest Model 3 is now $43,990.

The cheapest Model 3 is now $43,990.
(Tesla)

The make this weekkend hiked the base price of all of its models by as much as $5,000.

The entry-level Model 3 sedan and Model Y compact SUV received $2,000 increases, bringing their starting prices to $43,990 and $56,990, while prices for the the Model S and Model X rose by $5,000 each to $94,990 and $104,990.

The Tesla Model S now starts at $94,990.

The Tesla Model S now starts at $94,990.
(Tesla)

The bumps come just three weeks after Model 3 and Model Y prices were raised by $2,000, and represent a $7,000 total increase for each so far in 2021.

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Tesla sells its cars directly to consumers and often changes its list prices in concert with demand rather than offering incentives as other automakers do through their franchised dealers.

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