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Tesla raises prices of Model Y cars in US by $1,000

FILE PHOTO: Tesla Model Y on display at the Everything Electric exhibition

(Reuters) - Tesla on Monday raised prices for all Model Y cars in the United States by $1,000, according to its website.

The Model Y base variant will now cost $44,990, while the long range and performance variants are priced at $49,990 and $53,490, respectively, according to the Tesla website.

Tesla had said in March that it will increase prices for all Model Y cars in the United States by $1,000 on April 1.

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Sonia Cheema)