Tesla raises price of Model X Plaid by $5K
The price adjustment follows CEO Elon Musk's recent remarks about maintaining demand through price reductions, despite expressing concerns about potential affordability issues due to increasing interest rates.
Musk noted that even with the price cuts, the cost of the popular Model Y SUV remained nearly the same for consumers due to elevated financing expenses.Shares of TSLA are down 0.82% in pre-market trading Friday morning.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
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