After a series of cuts this year, Tesla Inc. has upped the prices on some of its vehicles.
The company now lists the price of its base Model S car at $87,490. That’s up from a recent price of $84,990, though still below what Tesla was charging in early March.The company now lists the price of its base Model S car at $87,490. That’s up from a recent price of $84,990, though still below what Tesla was charging in early March.
The company, which is said to have disbanded its press team, didn’t respond to a MarketWatch request for comment.The various price cuts earlier in 2023 came as Tesla looked to spur demand in a competitive market for electric vehicles and amid greater financial pressures on consumers. But the company’s Wednesday afternoon earnings report illustrated the tradeoffs associated with Tesla’s actions, as margins took a hit.
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