Tesla Hikes Model Y Prices to Boost Margins Before Quarter's End

Tesla is raising Model Y prices by $1,000 in the U.S. and €2,000 in Europe starting in late March/early April

The price hikes aim to boost Tesla's profit margins, which have been under pressure

The increases come right before the end of Q1, possibly to encourage buyers to order quickly and boost Tesla's Q1 revenue

Goldman Sachs analyst Mark Delaney maintains a Hold rating on TSLA stock following the news

Analyst consensus rating on Tesla stock is a Hold, with an average price target 27% above current levels