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Tesla holds highest average transaction price increase in 2022, Musk warns of ‘inflation pressure’

Teslarati

Tesla and SpaceX are experiencing substantial “inflation pressure,” according to CEO Elon Musk, who hinted toward potential price increases for his electric automotive company’s products in the coming months. KBB data displayed the average transaction cost of every major automaker in January and February 2022.

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Tesla Model 3 and Model Y receive latest round of price increases in US and China

Teslarati

The long range variants of the Tesla Model 3 sedan and Model Y crossover have received a $1,000 price adjustment in the United States. In China, select variants of the Model 3 and Model Y also received a price increase of RMB 10,000 (about $1,500). This is hinted at by the fact that the base Model 3 RWD did not see a price increase.

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Tesla shows foresight with undisclosed nickel supply deal with Vale: report

Teslarati

Even before Russia’s invasion of Ukraine, nickel was already experiencing a rise in cost. But following Ukraine’s invasion, the price of the material saw an even more drastic rise. In early March, nickel prices surged above $100,000 per metric ton on the London Metal Exchange, prompting a trading halt. .

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Tesla says ‘nearly half’ of the vehicles it produced in Q1 equipped LFP batteries

Teslarati

Tesla prices increase as raw material costs soar. Tesla performed several routine price increases during Q1, with a substantial hike on its entire lineup at the end of the quarter. Prices for raw materials, especially nickel, soared as the War in Ukraine raged on. CT / 5:30 p.m. I’d love to hear from you!

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Tesla’s years of battery tech investments are becoming a buffer against nickel’s rising costs

Teslarati

This timeframe seems to have been accelerated by Russia’s invasion of Ukraine. . Thus, when Russia was hit by sanctions due to its invasion of Ukraine, the markets reacted. Nickel prices rose so much that the London Metal Exchange canceled trading for the material for more than a week.

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Nickel expert calls on Musk, Farley, others to demand Nickel sourcing in North America

Teslarati

Surging prices of nickel, a potentially major influence in the future of the global electric vehicle market, have encouraged one mining expert in the field to call on automotive CEOs to demand more attention toward sourcing the metal in North America. Soaring prices: $30k to $100k in the blink of an eye. Nickel and its appeal to EVs.

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We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Although EV battery costs have fallen dramatically over the past decade, the International Energy Agency is projecting a. EVs have finally come of age. passenger vehicles.