Tesla on Thursday instituted another round of price increases for its two most popular electric cars, theand . The Street first reported on the price bumps, which sees the Model 3 and Model Y Long Range variants creep upward by another $1,000. Now, the Model 3 Long Range is a $51,190 EV after a $1,200 destination charge. The Model Y Long Range now costs $55,190 after the destination charge.
While these prices increases began as $500 here, $1,000 there, the Long Range variants now cost $3,000 more than they did at the start of this year.said in June the numerous price increases are due to "major supply chain price pressure industry-wide," when responding to a Twitter user. Tesla does not operate a public relations department to field requests for comment.
Tesla, like other automakers, is facing supply chain woes amid the chip shortage as the ever-important components remain scarce.
For now, the Model 3 Standard Range remains untouched in the latest price increases. It still costs $41,190, though the price is up $2,500 since March. Theand prices also hold steady.