The average price of a used Tesla is now $65,000. New models see price hikes, too, with a Tesla Model X costing $115,000.
by thousands of dollars, earlier this month, after CEO Elon Musk tweeted that the company is"seeing significant recent inflation pressure in raw materials and logistics." Tesla's Model X now costs $114,900 — a jump of more than $10,000. The Model S price has risen by $5,000, to $99,990; the Model 3 Performance price rose by $3,000, to $61,990; and the Model Y price rose by $4,000, to $62,990.The most recent Tesla price hikes are between 3% and 5% in the U.S.
The price increases likely won't torpedo the demand for Tesla vehicles, Sam Fiorani of AutoForecast Solutions Yahoo Finance. That's in part because Tesla is the world's largest electric vehicle producer with a stock market value of $1 trillion.
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