This is the fourth time Tesla has revised prices on the Model Y since 2023.
Tesla raised the price of the Model Y Performance by $500 in the US, marking the second time in one week that the automaker has raised prices on its luxury version of its all-electric crossover.
The Tesla Model Y Performance is now priced at $58,490, up $500 from $57,990.
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| Tesla raises the price of the Model Y Performance in the US |
Tesla increased the price of several Model 3 and Model Y configurations this past weekend, with the Performance Edition of the Model Y increasing by $1,000 on February 4.
This is the fourth time Tesla has revised prices on the Model Y since 2023.
Tesla reduced costs by $13,000 at the beginning of January for the full Model Y lineup.
With a subsequent $500 increase in January, a $1,000 increase last weekend, and an additional $500 this weekend, the prices aren't flat for the company.
Tesla may increase the cost of the Model Y as demand continues to be spurred by a series of price fluctuations.
After adding the entire Model Y lineup to the IRS' list of vehicles eligible for tax incentives that will likely take $7,500 off the car's February 3 price, Tesla has continued to adjust it accordingly.
Tesla estimates Model Y Performance deliveries in February and March.
The Model Y Performance offers 303 miles of range, a top speed of 155 mph, and a 0-60 mph time of just 3.5 seconds.