Elon Musk says Tesla prices are 'embarrassing' due to supply issues and strong demand

Tesla

July 21, 2022 04:19 PM

After multiple price hikes that pushed Tesla's bestselling Model Y above $65,000 for the base version, CEO Elon Musk said the automaker's overall pricing is "at embarrassing levels" and blamed supply chain shocks and overwhelming demand for the steady march upward.

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