Tesla puzzled everyone with a $500 price increase for the base version of the Model Y in the U.S. and Puerto Rico. Coming after a massive $13,000 price drop for the same model, this move is more likely a signal than a price adjustment.

Less than two weeks ago, on January 12, Tesla wowed everyone with massive price cuts in all markets. In the United States, the prices dropped between $3,000 and $21,000, with the lowest figure for the Model 3 RWD and the highest for the Model S Plaid. The Model Y was discounted by $13,000 regardless of the trim, bringing its price well below the $55,000 limit for IRA tax credits.

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Two Weeks After Slashing Prices Tesla Bumps Model Y By $500

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