26.9 C
Karachi
Friday, March 29, 2024
- Advertisement -
 

Tesla raises prices across car models

TOP NEWS

Reuters
Reuters
Reuters is an international news organisation owned by Thomson Reuters

Tesla Inc raised prices for all its car models in the United States, its latest price hike amid ongoing global supply-chain issues.

The electric carmaker increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying the deliveries of some long-range models in the United States by up to a month.

The price hike comes as costs of raw materials have surged, including aluminium that is used in cars.

Tesla Chief Executive Officer Elon Musk has warned about the risk of a recession in recent weeks. Earlier this month, Musk said he had a ”super bad feeling” about the economy after cutting about 10% of jobs at Tesla .

- Advertisement -
- Advertisement -
 

POLL

Will the PML-N led govt be able to steer Pakistan out of economic crisis?

- Advertisement -
 

MORE STORIES