Capping off a year of multiple price adjustments, Tesla has increased their prices on the Model 3 and Model Y in China on the final day of 2021.
The lesser of the two price increases went to the Rear-Wheel Drive (RWD) Model 3.
Before today customers could buy the entry-level Model 3 for ¥255,652. That has now increased ¥10,000 (~$2,000 CAD/$1,500 USD) to ¥265,652 ($53,100 CAD/$41,700 USD)
The change was much more drastic for the RWD Model Y. The entry-level electric SUV went from ¥280,752 to ¥301,840 ($60,300 CAD/$47,300 USD), an increase of ¥21,088 (~$4,200 CAD/$3,300 USD).
This is the third price increase in less than two months for both vehicles.
In early November the RWD Model 3 was nearly ¥30,000 less expensive at ¥235,900 ($47,100 CAD/$37,000 USD).
BREAKING: Tesla China Price Increase MIC Tesla Model 3 by ¥10,000/ MIC Model Y RWD by ¥21,088.
– Model 3 RWD increased from ¥255,652 to ¥265,652;
– Model Y RWD increased from ¥280,752 to ¥301,840;Also delivery time changed to 12 to 16 weeks.#Tesla #TeslaChina #Demand $TSLA https://t.co/rKZHelN1ah pic.twitter.com/SaaVdvbWFm
— 42HOW (@42how_) December 31, 2021
