Tesla raises model prices amid global supply-chain shortage

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Tesla raises model prices amid global supply-chain shortage
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Tesla has raised prices across its car lineup again in the US, with the biggest hike being a $6,000 increase, as global supply-chain issues continue.

The recent price hike comes as raw material prices have soared, including the aluminum used in cars. A visitor sits in a Tesla Model S during the International Motor Expo in 2021 in Hong Kong.in April and March of this year, also citing supply-chain issues and increasing inflation.

Chancellor Olaf Scholz talks to Elon Musk at the opening of the Tesla factory in Gruenheide, Germany, Tuesday, March 22, 2022.has been vocal about rising inflation and the supply-chain crisis, prompting layoffs at the electric car company. Musk previously predicted a recession, saying it was "actually a good thing."

Elon Musk speaks at the Tesla Giga manufacturing"Cyber Rodeo" grand opening party in Austin, Texas, on April 7, 2022.

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