Tesla was expected to implement a price increase for new leases on its Model 3 and Model Y vehicles on November 4, 2025. The plan, noted on the company's website in late October, indicated an end to the current lease pricing on November 3rd. While Tesla did not specify the exact magnitude of the price hike, analysis suggested it could reverse recent price cuts. This could potentially result in a significant percentage increase in the effective monthly cost for lessees of these two popular electric vehicle models.