Tesla CEO Elon Musk has accused supply chain price pressure for steady price expands the organization has made to its Model 3 and Model Y vehicles in the course of recent months. “Prices expanding because of significant supply chain price pressure industry-wide,” the CEO tweeted in light of a complaint about the changes. “Raw materials particularly.”
Today, the CEO followed up to say that “microcontroller chips” are a specific test at the present time. Yet, in spite of the fact that Musk said that he’s “seen nothing like it,” he added that he doesn’t anticipate that this should be a drawn out issue. “Fear of running out is making each organization overorder – like the toilet paper shortage, yet at epic scale.” Musk had recently shown in an April earnings call that Tesla was very much positioned to climate the worldwide chip shortage by “turning incredibly rapidly to new microcontrollers.”
Electrek has been following Tesla’s price changes lately. The Standard Range Plus rendition of the Model 3 has expanded from $36,990 in February to $39,990 in late May, for instance, while the Model Y Long Range AWD form has gone from $49,990 to $51,990 over a similar period. Tesla has refreshed its prices practically about multiple times since February this year. Tesla is a long way from novel in seeing its prices influenced by the worldwide chip shortage, which affects the manufacturing of everything from games consoles to toasters. Automakers have been especially severely hit by the shortage, and have needed to briefly close down production lines even as demand for new cars and trucks increments.