TECH - Tesla Warns Of Model 3 Price Hike In EU Due To Tariffs Recommends Customers To Take Delivery In June To 'Secure Current Price' | Benzinga
EV giant Tesla Inc (NASDAQ:TSLA) expects to increase the prices on its cheapest offering – the Model 3 sedan – starting July 1, owing to an increase in import tariffs levied on cars made in China and sold in the European Union.
What Happened: “Model 3 price is likely to increase from 1 July 2024 due to expected import duties,” a message on Tesla’s website for Ireland reads, while also urging customers to secure their vehicle ...