Tesla couldn’t take it anymore: Prices are going up!

electric car giant Tesla, had to go for a price update on some of its models. Expressing that the price increase is due to more than one reason, Tesla firstly Model Y’s $1,000 He stated that it will increase by approx.

Tesla Model Y price increased by $ 1000

Tesla has increased its Model Y prices due to increased demand and changes in tax crediting rules in the US. Model Y Long Range version up 2 percent $54,990Performance version increased by 2.7 percent. $57,990 reached the level.

Model Y, Tesla’s best-selling vehicle, saw a 20 percent discount about three weeks ago. The company’s price reduction application increased demand and caused Model Y to enter yen tax credits. The new law in the US credits many models, including Model Y, up to $7500.

Tesla Cybertruck spotted on the road!  Here is the latest

Tesla Cybertruck spotted on the road! Here is the latest

The Tesla Cybertruck prototype was spotted on the roads. Cybertruck, which will be put into production soon, is being tested in the USA.

Tesla’s income It shows a continuous growth trend both on an annual and quarterly basis. The company reported in January that it received the highest number of orders in its history. Therefore, it is possible to say that the price cuts made in January worked.

Tax credits in the US are part of the Inflation Reduction Act, designed to encourage sales of electric vehicles and reduce greenhouse gas emissions. The U.S. Treasury Department enforces a consumer fuel standard, making it easier for consumers to determine which vehicles are eligible for credit.

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Tesla CEO Elon Musk has been giving signals of this hike for a while in his Twitter posts about Tesla car prices and SpaceX costs. The new tax credit was part of this hike.

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