Inflation hits hard, Tesla car prices skyrocket across the board as much as $12,500

There is no good news today for people planning to buy a new Tesla electric car for themselves or their families and they did not place an order already and locked the previous MSRP.

Tesla prices have received a historical increase today. All variants of Model 3, Model Y, Model S, and Model X got a price increment from $3,000 to $12,500 (listed below).

Tesla had already increased the price of different variants of Model 3 and Model Y by $1,000 last week, owing to the nickel price squeeze and rising inflation. The increasing demand for Tesla electric vehicles for their technology and sustainability is also a massive factor in surging prices.

Law of supply and demand: https://t.co/FOYnSC4Sd1 pic.twitter.com/RbNlPItLvi
— Sawyer Merritt 📈🚀 (@SawyerMerritt) March 15, 2022

Tesla Model 3 New Prices

Last week, Tesla just increased the price of the Model 3 Long Range AWD variant by $1,000. But today, all three variants have received a price hike.

Base Model 3 (previously Standard Range Plus) was the one getting the least increment of $2,000 among the entire lineup.

Model 3 Long Range price is increased by $2,500 today, in total, this variant has become $3,500 more expensive this year.

Model 3 Performance is now $3,000 more expensive compared to yesterday.

Here’s the list of the new Tesla Model 3 prices as of 14th March 2022:

Tesla Model 3 = $46,990
Tesla Model 3 Long Range AWD = $54,490
Tesla Model 3 Perforamnce = $61,990

New Tesla Model 3 prices after increment as of March 14, 2022. Source: Tesla online configurator.

Tesla Model Y New Prices

Tesla has given a $3,000 bump to both variants of the Model Y midsize electric SUV in the United States. Including the last week’s price increase, all Model Y versions are now $4,000 more expensive year-to-date (YTD).

Here’s the list of the new prices of Tesla Model Y as of 14th March 2022:

Tesla Model Y Long Range AWD = $62,990
Tesla Model Y Performance = $67,990

New Tesla Model Y prices after increment as of March 14, 2022). Source: Tesla online configurator.

Tesla Model S New Prices

The price of the base Tesla Model S Long Range AWD has been increased by $5,000. While the Model S Plaid got a $6,000 bump in its price.

Here’s the list of the new prices of the Tesla Model S as of 14th March 2022:

Tesla Model S AWD = $99,990
Tesla Model S Plaid Tri-Motor AWD = $135,990

New Tesla Model S prices after increment as of March 14, 2022). Tesla online car configurator.

Tesla Model X New Prices

Tesla Model X is the one that’s hit the hardest with the latest price inflation.

The base Model X AWD got a staggering $10,000 price increase in this episode. The Model X Plaid got the highest price hike of $12,500 in a single go today.

Here’s the list of the new prices of the Tesla Model X as of 14th March 2022: