Tesla raises prices of some Model Y cars in China

Tesla Inc. has raised the price of some Model Y cars for the Chinese market, its website showed.

Tesla Inc. has raised the price of some Model Y cars for the Chinese market, its website showed on Friday.

The price of the Long Range version of the Model Y rose 5% to 394,900 yuan, while prices for the other versions and the Model 3 remain unchanged, the US carmaker’s Chinese website has revealed.

In response to persistent global supply chain problems and rising raw material costs, Tesla on Thursday raised prices for all of its car models in the United States.

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