KEY POINTS
  • Tesla raised the price for its cheapest Model Y car in China by 15,060 yuan ($2,372) on Thursday, following two consecutive price hikes for more expensive versions in just over a week.
  • The standard China-made Model Y now costs 316,900 yuan ($49,932), up from the previous 301,840 yuan ($47,559) on Tuesday, according to data tracked by CNBC.
  • While the cheapest model had remained the same price since January, Tesla recently raised prices for the long-range and performance versions.

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Tesla is recalling more than 80,000 cars in China. Investors will be watching to see if there will be any reputational damaged to the U.S. giant.

Tesla raised the price for its cheapest Model Y car in China by 15,060 yuan ($2,372) on Thursday, following two consecutive price hikes for more expensive versions in just over a week.

The standard China-made Model Y now costs 316,900 yuan ($49,932), up from the previous 301,840 yuan ($47,559) on Tuesday, according to data tracked by CNBC. While the cheapest model had remained the same price since January, Tesla recently raised prices for the long-range and performance versions.

In this article