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Tesla, Inc. (TSLA)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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194.76+4.78 (+2.52%)
At close: 04:00PM EST
197.40 +2.64 (+1.36%)
Pre-market: 07:33AM EST
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  • Yahoo Finance Video

    Tesla raises the price of its Model Y

    Tesla is raising the price for the Model Y after the U.S. government issued a rule change, for its EC tax credit... Here’s what you need to know: Tesla hiking the price of its Model Y Long Range by 2%, giving the electric vehicle a new price tag of $54,990. The price hike is coming on the heels of a significant rule change, for how the government defines an SUV, allowing more vehicles to fall within the SUV category, and still qualify for the federal government’s $7,500 EV tax credit, even at higher prices. Tesla CEO Elon Musk has publicly criticized the government’s eligibility rules in the past, and just last week met with top White House officials to discuss “shared goals around electrification,” and advancing electric vehicle production. The adjusted guidance now caps the Model Y’s eligibility for the tax credit at $80,000, giving Tesla a lot more room to run, in terms of incrementally raising prices. The bottom line for consumers looking at EVs— you might want to order one now, before prices rise again.

  • Yahoo Finance Video

    Tesla stock gains amid Model Y price increase

    Yahoo Finance’s Ines Ferré joins the Live show to break down how stocks are moving in intraday trading.

  • Yahoo Finance Video

    Stocks open lower, Tesla stock climbs as Apple and Microsoft slide

    Yahoo Finance Live’s Brad Smith discusses how markets opened on Monday.