Tesla Backtracks And Raise Prices

First, Tesla announced it will close most stores and sell cars online-only. Now, the automaker released a statement explaining it will “only close about half as many stores”, reduce staff in certain locations, and raise vehicle prices “by about 3% on average worldwide.”

The price hike will apply to “more expensive variants of Model 3, as well as the Model S and Model X.” The lowest priced EV, Model 3 at $35,000, will not increase.

The new prices will go into effect in about a week, so if you’ve been thinking of getting a Tesla, now may be the time.

Image Source: Twitter

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Tesla Backtracks And Raise Prices

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