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Tesla Increases Model Y Performance Edition Price by 14,000 Yuan in China

The price hike represents a 4% increase from the previous cost, raising the price to 363,900 yuan, although the Model Y remains cheaper than its October 2022 price.

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Overview

  • Tesla has raised the price of its high-performance Model Y variant in China by 14,000 yuan ($1,913), representing a 4% increase from the previous cost.
  • The new price tag of the SUV is now 363,900 yuan, moving up from its earlier price of 349,900 yuan.
  • Despite the increase, the Model Y Performance Edition continues to be cheaper than its price in October 2022 when Tesla first started cutting prices in China.
  • This price change affects only the high-performance variant of the Model Y, with prices for all other variants of the Model Y, as well as other Tesla models, remaining the same.
  • The news of the price increase was conveyed through a social media notice posted by Tesla.