Elon Musk blames rising Tesla prices on raw material costs

Last week Tesla raised the price of the Model 3 by $2,000 to $39,990 for the base model, according to a comparison of its website on the Wayback Machine internet archive. Tesla also raised the price of the Model Y SUV by $5,000 to $51,990.When a Tesla fan questioned the price increases on Twitter, Musk responded that the price increases were beyond its control.”Prices increasing due to major supply chain price pressure industrywide,” he tweeted. “Raw materials especially.”Prices of cars,