Tesla price increases may just be the beginning for electric vehicle industry: Analyst

Tesla price increases may just be the beginning for electric vehicle industry: Analyst

Unlike traditional automakers, electric-vehicle (EV) maker Tesla (TSLA) can dynamically raise or lower prices at will — and it has just done that, again.

For the second time in a week, Tesla is raising prices across the board for its U.S. product range encompassing the Model 3, Model Y, Model S, and Model X. Here are a few notable hikes:

  • Model 3 Rear-Wheel-Drive, Tesla’s cheapest vehicle, went up $2,000 to nearly $47,000

  • Model 3 All-Wheel Drive jumped $2,500 to $54,500

  • The base version of…


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