Elon Musk-owned Tesla has adjusted the pricing for its electric vehicle in the US for the fourth time in just over a month.
According to Electrek, the company began the month by executing drastic price cuts across its entire EV lineup, with the 5-seat Model Y seeing the largest reduction of up to $13,000 in price.
However, a few weeks later, the automaker raised the Model Y’s price by $500.
Musk hinted that more price increases may be on the way as Tesla adjusts to the demand created by the massive price cuts.
A week later, the automaker again updated its online configurator with a few price changes, according to the report.