- FMA
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- Canadian Metalworking
Tesla raises prices on two EVs
- March 22, 2022
- News Release
- Management
Reuters has reported that Tesla has raised prices on its U.S. Model Y SUV and Model 3 Long Range sedan by $1,000 each amid surging raw material costs, made worse by Russia's invasion of Ukraine.
Rising prices for nickel, lithium, and other materials used in EV batteries could hamper broader adoption of the technology, the news agency states.
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