I'd hardly call those price increases a 'hike'.

 

Have you missed the 😂 at the end of the topic?
$250USD is nothing, I agree but the point is that the price going UP and not down in a way many "experts" have "predicted"

 

2 possible reasons:

• A few component had price changes, they are passing that onto the final price (unlikely)
• Try to get more people to buy, use price tweaking as a way to say "we've hit bottom, buy now" (probable)

But I'd expect a bigger price drop in about 4 weeks to get that end of quarter push.
The price is now almost like an advertising method to Tesla.

May be this time next year, we'll see Model Y slowly return to $60k but it'll always carry a 40% off discount like those cheap no-brand electronics on Amazon 🤪

 

The price is now almost like an advertising method to Tesla.

Spoken possibly slightly in jest, but if you think about it, that's exactly what it is - and actually a very cheap (excluding the loss of additional profit obvs) and instant way of doing it

 

Adjusting the price to shift the demand curve is arguably a purer form of operating an “efficient market“ than ”marketing” or “sales”, both of which rely to some extent on the existence of an information disparity between seller and buyers.

 

Tesla's slight price increase results in a discount on new inventory

Tesla has implemented a very small price increase on Model 3 and Model Y. It’s so small that it’s hard...

electrek.co

The devil is in the details....