Supply falls short of demand, Tesla confirms that the price of Model 3 / Y in Chinese market will continue to rise.

CTOnews.com November 14 news, today's Chinese market Tesla Model 3 / Y rear wheel drive version ushered in an increase, but this is just the beginning, Tesla sales said Tesla Model 3 and Model Y two models will continue to increase prices.

According to the Auto House report, Tesla officially confirmed that the news of the price increase is reliable. But there are no more details about when, which model and how much.

Today, Tesla Model 3 rear wheel drive refurbished version raised the price by 1500 yuan, starting at 261400 yuan; Model Y rear wheel drive version rose 2500 yuan, adjusted starting price 266400 yuan. Within two weeks, all the Model 3 and Model Y models sold in Tesla's Chinese market have ushered in a price increase.

As for the reasons for this price increase, some media interviewed Tesla salespeople, who said: "compared with the price reduction in August this year, this price increase actually belongs to a 'price correction', on the one hand, because Tesla has good sales." on the other hand, it is due to the great pressure on the production line, production costs are also rising, in our view, price increase is an inevitable thing. " The sales also mentioned: "according to the news I have received, after this price increase, the subsequent price may continue to rise."

CTOnews.com noted that at present, Tesla's two models are in short supply. According to the official website, the pick-up cycle of Model Y has been extended to 2-8 weeks, while that of the new version of Model 3 has been extended to 2-9 weeks. Analysts said that the Shanghai super factory continues to supply many countries in Asia-Pacific and Europe, and has locked the crown of annual sales in many markets in advance, and the delivery cycle is likely to continue to be extended.