Tesla Model Y Long Range Gets Third Price Hike Within a Month in China

Tesla has once again hiked the price of its Model Y Long Range All-Wheel-Drive  in China. The price of the EV has gone up by another CNY2,000 (USD279). This marks the third price increase for the model within November. The current cost for the Model Y Long Range is now CNY306,400 (USD42,826). The previous increments were CNY2,000 on Nov. 21 and CNY2,500 on Nov. 9.

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All Variants of Tesla Model Y to Eventually Get Costlier

The new prices of the entire Model Y lineup was finalized on October 1, as reported earlier this month by The Paper. Notable enhancements include interior multi-color ambient lighting, advanced fabric materials on the dashboard and front doors, and the introduction of a 19-inch Gemini wheel design. The recent series of price adjustments commenced on October 27, with Tesla announcing a CNY14,000 (USD1,956) increase for the Model Y Performance.

Subsequently, the company indicated that other variants of the Model Y would also experience price hikes. On November 14, the Model Y Rear-Wheel Drive saw a price increase of CNY2,500, bringing it to CNY266,400 (USD37,353). Simultaneously, the Model 3 Rear-Wheel Drive saw a rise of CNY1,500, reaching CNY261,400, while the Model 3 Long Range increased by CNY1,500 to CNY297,400 on November 9.

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Deliveries of Elon Musk’s Tesla Cybertruck to commence at a high voltage event on November 30.

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Tesla Ready to Start Deliveries of Cybertruck

Meanwhile, Tesla is poised to make automotive history by initiating deliveries of the highly anticipated Cybertruck on November 30. The Cybertruck, known for its distinctive angular design and stainless steel exoskeleton, has captured widespread attention since its unveiling. Representing a paradigm shift in the automotive industry, Elon Musk’s commitment to innovation is evident in this groundbreaking vehicle. As the deliveries begin, enthusiasts and critics alike eagerly anticipate the real-world impact of the Cybertruck, offering not only a cutting-edge driving experience but also a significant step toward a more sustainable automotive future. This event signifies a milestone for Tesla and a defining moment in the evolution of electric vehicles.

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