Tesla Raises Model Y Prices by $1,000 Amid Uncertainty Over Demand
- Tesla has increased Model Y prices by $1,000 across all trims, now starting at $45,000
- It's unclear how long the new higher prices will last
- Tesla has a history of frequently changing prices to match demand
- The price increases may be a temporary strategy to boost end-of-quarter sales
- Tesla faces mounting competition globally, especially in China, so demand may continue to be difficult
