May 20, 2024
Finance

Tesla hikes prices in US and China despite rivals’ cuts and incentives

Tesla (TSLA) is hiking prices across a number of regions on the first day of its second quarter. In the US, Tesla hiked prices of its popular Model Y SUV across all three trim levels by $1,000. Tesla did the same in China, with the Model Y Long Range version rising by 5,000 yuan ($675)

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