Another Price Increase Sends Tesla EV Prices Higher In China

Tesla ( TSLA ) has increased the price of its electric vehicles once again, marking the third time in a week that it has raised prices on its EV lineup without indicating the reason for the hike. This time the price jump comes for cars in China, with its lowest-priced Model Y EV, now selling for 15,060 yuan ($2,373) more, CNBC reported. The Model Y EV now has a price tag of 316,900 yuan ($49,932), up from the previous price of 301,840 ($47,559), the news outlet said. On Tuesday , Tesla also raised the prices for the long-range and performance…