Tesla bumps up Model Y price after EV tax credit adjustment

An image showing the Tesla logo on a black vehicle The Model Y just got more expensive. | Image: Getty Images

Tesla raised the price of its Model Y electric vehicle (EV) just hours after the US Treasury Department adjusted its EV tax credit rules, as first reported by Bloomberg. While the Tesla Model Y Long Range now costs $1,500 more at $54,990, the Model Y Performance went up by $1,000 to $57,990, excluding shipping fees.

On Friday, the Treasury Departme...

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