Yahoo Finance’s Alexis Keenan joins the Live show to discuss the latest surrounding the suit Tesla shareholders filed against Elon Musk over his 2018 tweets about the EV maker.
Tesla is full of distractions, but don't let the headlines impede your view on how the business is really performing.
Tesla increased the price of the Model Y Long Range to $54,990, and the Model Y Performance to $57,990, an increase of $1,000 each, according to current and previous prices posted on its website. The models remain 15% and 17% cheaper, respectively, than they were before Tesla slashed prices last month to stoke demand, before accounting for the $7,500 tax credit buyers now qualify to receive. In a reversal, the Treasury Department ruled on Friday that crossovers like the Model Y would qualify for electric vehicle tax credits as long as they were priced below $80,000.