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Tesla's competition can't keep up. Traditional auto companies were supposed to catch Tesla in the EV market. The past week shows how badly Detroit has failed to do this.
In a remarkable departure from this trend, Tesla has implemented a rare price hike, specifically for the Model Y Long Range, now priced at $48,990
Tesla sneaks in a surprise price increase for its Model Y as gross margins drop amidst worries of a slowdown in electric vehicle demand.
Tesla has just applied a slight price increase to the Model Y Long Range AWD version (by $500) in the United States.
