Tesla Stock Gets a Weekend Shock as Model Y Prices Rise After Friday Slide
Tesla raised U.S. prices on key Model Y versions over the weekend, increasing some models by $1,000 and others by $500, according to its website. The move followed a 4.75% drop in Tesla shares Friday to $422.24, outpacing declines at General Motors but less severe than Ford’s. Tesla did not give a reason for the price hike, its first for the Model Y in two years.