Tesla Inc. has been experiencing tremendous growth not only in its stock price, but also in its demand. The manufacturer can’t keep up with demand as it deals with supply chain issues and growing popularity.
Due to this, Tesla has raised the price for the Model 3 and Model Y on its website by $1,000 for both vehicles. It has already raised prices several times this year. The Model Y is currently $5,500 more expensive than it was back in early June of 2021.
