{"id":24965,"date":"2024-03-18T02:24:11","date_gmt":"2024-03-18T07:24:11","guid":{"rendered":"https:\/\/ustower.net\/?p=24965"},"modified":"2024-03-18T02:24:16","modified_gmt":"2024-03-18T07:24:16","slug":"tesla-to-raise-prices-on-model-y-electric-vehicles-in-parts-of-europe","status":"publish","type":"post","link":"https:\/\/ustower.net\/?p=24965","title":{"rendered":"Tesla to raise prices on Model Y electric vehicles in parts of Europe"},"content":{"rendered":"\n<p class=\"has-medium-font-size\">March 16 (Reuters) &#8211; Tesla&nbsp;<a href=\"https:\/\/www.reuters.com\/markets\/companies\/TSLA.O\"><u>(TSLA.O), opens new tab<\/u><\/a>&nbsp;said on Saturday it would increase the price for its Model Y electric vehicles (EV) in a number of European countries on March 22 by approximately 2,000 euros ($2,177) or the equivalent in local currencies.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">The move, announced in a post on social media platform X, followed the automaker&#8217;s&nbsp;<a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/tesla-raise-model-y-vehicles-prices-by-1000-april-1-2024-03-16\/\"><u>announcement<\/u><\/a>&nbsp;on Friday that it would increase prices for all Model Y cars in the U.S. by $1,000 on April 1.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Tesla had&nbsp;<a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/tesla-raises-prices-some-model-y-vehicles-us-2024-03-01\/\"><u>raised<\/u><\/a>&nbsp;the prices of its Model Y rear-wheel drive and long-range vehicles by $1,000 to $43,990 and $48,990, respectively, on March 1.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">&#8220;This is the essential quandary of manufacturing: factories need continuous production for efficiency, but consumer demand is seasonal,&#8221; Tesla CEO Elon Musk said in February, replying to a post on X from his company announcing that prices would go up the following month.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">Tesla&#8217;s margins have been hurt by a price war with rivals that started more than a year ago.<\/p>\n\n\n\n<p class=\"has-medium-font-size\">In January, Tesla warned of &#8220;notably lower&#8221; sales growth this year as it focuses on the production of its next-generation EV, which is code-named &#8220;Redwood.&#8221;<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/tesla-increase-model-y-prices-some-european-countries-2024-03-16\/\">Reuters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>March 16 (Reuters) &#8211; Tesla&nbsp;(TSLA.O), opens new tab&nbsp;said on Saturday it would increase the price for its Model Y electric vehicles (EV) in a number of European countries on March 22 by approximately 2,000 euros ($2,177) or the equivalent in local currencies. The move, announced in a post on social media platform X, followed the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24966,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1154],"tags":[24812,2593,27247,1586,1362],"class_list":["post-24965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-electric-car","tag-europe","tag-model-y","tag-price","tag-tesla"],"_links":{"self":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/24965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24965"}],"version-history":[{"count":1,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/24965\/revisions"}],"predecessor-version":[{"id":24967,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/posts\/24965\/revisions\/24967"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=\/wp\/v2\/media\/24966"}],"wp:attachment":[{"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ustower.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}