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Tesla raises U.S. prices for Model 3, Model Y vehicles by $250

Published: May 2, 2023 at 6:50 p.m. ET Tesla CEO Elon Musk unveils the Model Y in March 2019. AFP via Getty Images After a number of price cuts this year, Tesla Inc. slightly raised the price of its Model 3 and Model Y vehicles Tuesday. In the U.S., that’ll amount to a $250 increase.

tesla-raises-us.-prices-for-model-3,-model-y-vehicles-by-$250

Tesla CEO Elon Musk unveils the Model Y in March 2019.

AFP via Getty Images

After a number of price cuts this year, Tesla Inc. slightly raised the price of its Model 3 and Model Y vehicles Tuesday.

In the U.S., that’ll amount to a $250 increase. The Model 3 sedan now starts at $40,240 and the Model Y crossover starts at $47,240, according to Tesla’s website. Prices were also modestly raised for some models in China, Canada and Japan.

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