, Tesla has bumped up the cost of its vehicles for consumers, with some of these vehicles seeing increases of $6,000. The company's last major price increase was in March and April of 2022.

It's, of course, nothing new for Tesla, which was increasing the prices of its vehicles nearly every month in 2021 before giving consumers a bit of a break in 2022.

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What's the damage?

Every vehicle in the Tesla lineup was hit with a price increase.

The first is the Tesla Model 3, which saw a $2,500 increase from $54,490 to $57,990 for the long-range model.

Both versions of the Model Y saw a larger increase, with the Model Y Long Range increasing $3,000 from $62,990 to $65,990.

The Model Y Performance's price increased $2,000 from $67,990 to $69,990. The more affordable Model Y Standard Range could give potential Tesla customers' wallets a break, but it's only available by invitation only—and locally in Texas.

The Tesla Model S saw a huge increase of $5,000 for its Dual Motor All-Wheel Drive Long Range model, which went from $99,990 to $104,990. The more expensive performance-oriented Plaid model, remarkably, is staying steady at $135,990.

The Tesla Model X saw the largest price increase of the bunch; Tesla bumped the price of the Model X Dual Motor All-Wheel Drive Long Range $6,000 from $114,990 to $120,990. But like the flagship Model S, the Model X's performance Plaid model did not see a price increase.

Why does Tesla keep raising prices?

Tesla has stated in the past that ongoing inflation and pressure to increase costs from suppliers are the primary reasons for its hiking its prices.

While the company hasn't detailed the reasoning behind the most recent price increases, it's probably in line with this as well as the supply chain and inventory issues that have plagued the automotive market.

As Electrek reports, Tesla has a big backlog of orders for its vehicles, with some of them taking up to a year to be delivered. That means Tesla is likely trying to predict the cost of manufacturing those vehicles 6 to 12 months from now.

It's also possible that the company is trying to improve its bottom line. Despite many automakers claiming the recent Covid-19 pandemic has been tough on their earnings, many—particularly Tesla—keep raking in massive profits.

But people are still buying Tesla vehicles despite the price hikes, and they’re likely to continue buying them going forward.

Tesla is cutting what it considers unnecessary costs where it can. Just recently, the automaker decided to no longer include

charging equipment

with its new vehicles, citing low usage stats for the 240-volt NEMA 15-50 charging kit, which retails on the automaker's online shop for $400.

MORE: How Much Does a Tesla Roadster Cost?

Save on insurance for your Tesla

If you're planning to purchase a Tesla, you should try to get the best deal on insuring it to save on those price hikes. Because of their high repair costs, Tesla vehicles can be notoriously expensive to insure.

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