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After cutting U.S. vehicle prices four times this year, Tesla raised the cost overnight on its slow-selling more expensive models.
The hike could be an effort to appease investors, who dumped shares of Tesla on Thursday after earnings and profit margins dropped due to previous price cuts.
The Austin, Texas, company added $2,500 to all four versions of the Models S and X, increasing their prices from 2.4% to 2.9%.
The lowest-price Model S now starts at $87,490, while the base price for the X is $97,490, according to Tesla’s website early Friday.
