Tesla’s vehicle price increases due to supply chain pressure, Musk says

Published by
Reuters

(Reuters) – The price of Tesla vehicles is increasing due to supply chain pressures across the auto industry, particularly for raw materials, Elon Musk said on Monday in response to a tweet https://bit.ly/3vFEtQL. “Prices increasing due to major supply chain price pressure industry-wide. Raw materials especially,” Musk said in a tweet. He was responding to an unverified Twitter account called @Ryanth3nerd, which said, “I really don’t like the direction @tesla is going raising prices of vehicles but removing features like lumbar for the Model Y…” In May, Tesla increased its Model 3 and Model …

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