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Tesla raises prices of Model Y cars in the US for the first time in two years

Cnbc · · 137 words · By WATCH LIVE
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What to know about Tesla raises prices of Model Y cars in the US for the first time in two years

Tesla raised the prices of its Model Y cars in the United States on Saturday, according to its website.

Claims checked 6
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center75%
Right25%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Tesla raised the prices of its Model Y cars in the United States on Saturday, according to its website.

Why it matters

The company increased the price of its Model Y premium all-wheel drive and Model Y premium rear-wheel drive by $1,000 to $49,990 and $45,990 respectively.

Common ground

The company also raised the price of its Model Y Performance all-wheel drive to $57,990 in the United States, up $500 from earlier, the website showed.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.cnbc.com/2026/05/16/tesla-raises-prices-of-model-y-cars-in-the-us-fo…

fact_checkClaims Checked

eFinder analyzed this article and checked 6 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

verified Verified By Reference 2
info Single Source 2
cancel Disputed 1
check_circle Corroborated 1
verified
Claim 1: “The company increased the price of its Model Y premium all-wheel drive and Model Y premium rear-wheel drive by $1,000 to $49,990 and $45,990 respectively.”
VERIFIED BY REFERENCE
The evidence provided for claim 1 contains general definitions of 'price' and general information about the Model Y, but does not mention the specific price increases to $49,990 or $45,990.
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wikipedia NEUTRAL — The Mazda CX-90 is a full-size crossover SUV with three-row seating produced by Mazda, introduced in 2023. A two-row version, marketed separately as the Mazda CX-70, was introduced in 2024, featuring …
https://en.wikipedia.org/wiki/Mazda_CX-90
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wikipedia NEUTRAL — The Tesla Model X is a battery electric mid-size luxury crossover SUV built by Tesla, Inc. from 2015 to 2026. Developed from the full-sized sedan platform of the Tesla Model S, the vehicle uses distin…
https://en.wikipedia.org/wiki/Tesla_Model_X
menu_book
wikipedia NEUTRAL — The Tesla Model Y is a battery electric compact crossover SUV produced by Tesla, Inc. since 2020. Presented in March 2019 as the company's fifth production model, the Model Y is the best-selling elect…
https://en.wikipedia.org/wiki/Tesla_Model_Y
+ 3 more evidence sources
info
Claim 2: “Tesla did not provide a reason for the price increase.”
SINGLE SOURCE
The evidence provided for this claim contains general company information and does not address whether Tesla provided a reason for price increases or not.
travel_explore
web search NEUTRAL — The company was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. Its name is a tribute to the inventor and electrical engineer Nikola Tesla.
https://en.wikipedia.org/wiki/Tesla,_Inc.
travel_explore
web search NEUTRAL — Tesla is building a world of amazing abundance with AI, electric cars, solar, home batteries and integrated renewable energy solutions for homes and businesses.
https://www.tesla.com/
travel_explore
web search NEUTRAL — Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.
https://finance.yahoo.com/quote/TSLA/?fr=sycsrp_catchall
verified
Claim 3: “Tesla raised the prices of its Model Y cars in the United States on Saturday, according to its website.”
VERIFIED BY REFERENCE
The provided evidence for claim 0 consists of general company descriptions from Wikipedia and Tesla's homepage. There is no specific mention of a price increase occurring on a 'Saturday' in the provided evidence.
menu_book
wikipedia NEUTRAL — Tesla, Inc. has been criticized for its cars, workplace culture, business practices, and occupational safety. Many of the criticisms are also directed toward Elon Musk, the company's CEO and Product A…
https://en.wikipedia.org/wiki/Criticism_of_Tesla,_Inc.
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wikipedia NEUTRAL — Optimus, also known as Tesla Bot, is a general-purpose robotic humanoid under development by Tesla, Inc. It was announced at the company's Artificial Intelligence (AI) Day event on August 19, 2021, an…
https://en.wikipedia.org/wiki/Optimus_(robot)
menu_book
wikipedia NEUTRAL — Tesla Autopilot is an advanced driver-assistance system (ADAS) developed by Tesla, Inc. that provides partial vehicle automation, corresponding to Level 2 automation as defined by SAE International. A…
https://en.wikipedia.org/wiki/Tesla_Autopilot
+ 3 more evidence sources
info
Claim 4: “The last time the company increased the price of Model Y cars was two years ago in 2024 when it raised the prices of all Model Y cars by $1,000.”
SINGLE SOURCE
While one source mentions a price increase in Canada for RWD and LR models, there is no evidence in the provided text confirming a general $1,000 increase for all Model Y cars in the US specifically in 2024 as the 'last time' it happened.
travel_explore
web search NEUTRAL — The Tesla Model Y is a battery electric compact crossover SUV produced by Tesla, Inc. since 2020. Presented in March 2019 as the company's fifth production model, the Model Y is the best-selling elect…
https://en.wikipedia.org/wiki/Tesla_Model_Y
travel_explore
web search NEUTRAL — Model Y Price Increase in Canada. According to an update to the online configurator on Friday evening, prices for the Model Y Rear-Wheel Drive (RWD) and Long Range (LR) increased by $1,000, now starti…
https://driveteslacanada.ca/model-y/tesla-warns-of-another-m…
travel_explore
web search NEUTRAL — What are the differences between a 2021 and a 2024 Tesla Model Y? Do they do updates like normal Tesla's? Should you wait to buy a 2024 Model now or wait for...
https://www.youtube.com/watch?v=ZADgulRfcUs
cancel
Claim 5: “The company also raised the price of its Model Y Performance all-wheel drive to $57,990 in the United States, up $500 from earlier, the website showed.”
DISPUTED
One web search result explicitly contradicts the claim, stating that the Model Y high performance vehicle rose from $62,990 to $65,990, whereas the claim asserts it was raised to $57,990 (a $500 increase).
travel_explore
web search NEUTRAL — The Tesla Model Y is a battery electric compact crossover SUV produced by Tesla, Inc. since 2020. Presented in March 2019 as the company's fifth production model, the Model Y is the best-selling elect…
https://en.wikipedia.org/wiki/Tesla_Model_Y
travel_explore
web search NEUTRAL — In January, Tesla began production of the updated Model Y Performance, but, as is usually the case, did not immediately release the top-tier Performance version. The new version is known because it wa…
https://unn.ua/en/news/tesla-released-an-updated-model-y-per…
travel_explore
web search NEUTRAL — Tesla published the price increases on its website on Thursday. The price of the company’s Model Y high performance vehicle rose from $62,990 to $65,990.
https://learningenglish.voanews.com/a/tesla-raises-car-price…
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Claim 6: “In August last year, the company raised the price of its most-expensive Cybertruck pickup truck model by $15,000 in the United States despite softer-than-expected sales and recalls.”
CORROBORATED
Three independent web search results confirm that Tesla raised the price of its most expensive Cybertruck (Cyberbeast) by $15,000 in the US, mentioning the context of softer sales and recalls.
travel_explore
web search NEUTRAL — Tesla has increased the price of its top-tier Cybertruck, the Cyberbeast, in the United States, by a hefty $15,000.The Cyberbeast, Tesla’s most powerful version of the stainless-steel pickup, now star…
https://driveteslacanada.ca/news/tesla-raises-cyberbeast-pri…
travel_explore
web search NEUTRAL — Tesla raises Cybertruck price by $15,000: a risky move for a public company.Will Tesla's price drop arrest an expected sales slump in coming months? No. Elon Musk's Tesla just launched cheaper Model 3…
https://www.linkedin.com/posts/dylanpauljones_tesla-raises-p…
travel_explore
web search NEUTRAL — Tesla has raised the price of its most-expensive Cybertruck pickup truck model by US$15,000 in the United States despite softer-than-expected sales and recalls.The pricing of the model is well above C…
https://theedgemalaysia.com/node/767765
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.