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Tesla (TSLA) raises Model Y prices by up to $1,000 — first increase in two years

Tesla has increased Model Y prices in the US by up to $1,000 across its Premium and Performance trims.

Source Electrek AI Summary Updated May 16, 2026

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Freshness Stale Updated May 16, 2026

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AI Summary

Tesla has increased Model Y prices in the US by up to $1,000 across its Premium and Performance trims. It marks the first price increase on the Model Y in two years. The move ends a prolonged period of aggressive price cuts that defined Tesla’s strategy throughout 2024 and 2025, signaling a potential shift in how the company views demand for the world’s best-selling electric vehicle. more…

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