Since January, Tesla has shifted to a real-time pricing model that is closer to airlines or ride-sharing than the fixed prices of the traditional auto industry model.
Prices changed about the same amount in its second largest market of China, as well as in Canada and Japan, those websites showed.
It was the first time since January that Tesla has increased the price of its cheapest car, the Model 3, in the United States. The entry-level, rear-wheel-drive Model 3 is still about 14% cheaper in the U.S. than at the start of the year. The long-range version of the Model Y remains about 24% cheaper in Tesla's largest market.
In Canada, Tesla raised prices by C$300 for the performance versions of its Model 3 and Model Y. In Japan, prices for the entry-level Model 3 rose 37,000 yen .Tesla touched off a price war in the world's largest market when it began price cuts last year in China, where it and other established automakers face growing competition from a range of domestic
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla hikes prices in U.S., China and other markets after multiple cutsTesla increased the price of vehicles including its Model 3 and Model Y in the U.S., China, Canada, and Japan.
Read more »
S.Korea finmin: S.Korea, Japan, China cooperation more important as world economy at inflection pointSouth Korea's finance minister said on Tuesday that the trilateral cooperation between South Korea, Japan and China has became more important as the global economy stands at an inflection point.
Read more »
Japan's automakers have a made-in-China sales crisisJapan's automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs) has upended the world's largest auto market and led to a plunge in purchases of gasoline-powered cars.
Read more »
Philippines, China to discuss fishing rights in South China Sea - MarcosPhilippines President Ferdinand Marcos Jr said China has agreed to discuss fishing rights in the South China Sea, as he pushed for a 'direct communication line' with Beijing on maritime differences.
Read more »
Analysis: Inflation, labour crunch prodding Japan's smaller firms to raise payWages have barely risen in Japan since the asset bubble burst in the 1990s but have crept up recently, as companies face pressure to compensate employees for the rising cost of living.
Read more »
Inflation, labour crunch prodding Japan's smaller firms to raise payWages have barely risen in Japan since the asset bubble burst in the 1990s but have crept up recently, as companies face pressure to compensate employees for the rising cost of living.
Read more »