Tesla Makes Minor Price Adjustments, Offers Discounts on Model 3 and Model Y Inventory

Tesla increased prices for Model 3 and Model Y vehicles in the US and China by small amounts after several larger price drops this year.
The price hike could increase demand for Tesla vehicles by signaling an end to bigger price cuts.
Tesla's vehicle inventory has reached record highs, suggesting recent price cuts may not have sufficiently stimulated demand.
The small price increase did not apply to Tesla's existing inventory, potentially indicating a strategy to sell more of their current vehicle stock, which has grown recently.
Tesla's pricing changes throughout this year have been inconsistent and dramatic, with large drops followed by minor increases.