Tesla's Model Y Price Increase: How It Impacts EV Giant's Stock - Tesla (NASDAQ:TSLA)

Published on 19 Mar 2024 on Benzinga

Tesla's Model Y Price Increase: How It Impacts EV Giant's Stock - Tesla (NASDAQ:TSLA)

Shares of Tesla Inc. TSLA jumped by 6.25% on Monday after the company announced a price increase for the Model Y.

Tesla intends to raise prices for its Model Y electric SUV in the U.S. by $1,000 starting April 1. Additionally, prices for Model Y in several European countries will increase by about 2,000 euros on March 22.

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NASDAQ.TSLA price evolution

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