Tesla Inc. again raised prices for all its car models in the United States in response to persistent global supply-chain problems and soaring raw material costs.
The electric carmaker increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying U.S. deliveries of some long-range models by up to a month.
The 5 percent price hike comes as costs of raw materials for aluminum to lithium used in cars and batteries surge, while automakers struggle to source chips and other supplies due to an industry-wide shortage.
Credit Suisse said the price hike represents in some cases the fourth one in the United States in 2022. “While some concerned price hikes will destroy demand, for now Tesla remains supply constrained,” the brokerage said….