Tesla increased U.S. prices for all Model Y variants by up to $1,000.
The adjustments appeared on the company's website on May 17, 2026. This update marks the first price increase for the electric SUV since 2024.
The move affects the Premium Rear-Wheel Drive, Premium All-Wheel Drive, and Performance All-Wheel Drive models. It signals an end to a long period of price reductions used to stimulate consumer demand.
Industry analysts view the hike as a response to rising material, business, and transportation costs. These inflationary pressures currently affect the broader automotive sector.