After lowering costs six times this year until mid-April, Tesla Inc. (TSLA.O) boosted US pricing for the second time in two weeks, according to its website.

Tesla’s website shows a $250 price increase for its Model Y and Model 3 variations.

The Tesla Model Y now starts at $47,240, while the Long-Range crossover and Performance variants cost $50,240 and $54,240, respectively.

The performance Model 3 costs $53,240, while the base model costs $40,240.

Since January, Tesla has slashed prices worldwide, including in the US, to boost sales of its mass-market Model Y crossover and Model 3 sedan.

In a sluggish economy, Tesla CEO Elon Musk said last month that sales growth would take precedence above profit. Tesla’s first U.S. price raise followed.

 

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I'm Anna Kovalenko, a business journalist with a passion for writing about the latest trends and innovations in the corporate world. From tech startups to multinational corporations, I love nothing more than exploring the latest developments and sharing my insights with readers.

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