NZ Autocar
No Result
View All Result
  • Home
  • News
  • Reviews
  • Electric
  • Industry
  • Bikes
  • Classics
  • Motorsport
  • Prices
    • New Bike Prices
    • New Car Prices
    • Make
      • Alfa Romeo News and Reviews
      • Aston Martin News and Reviews
      • Audi News and Reviews
      • Bentley News and Reviews
      • BMW News and Reviews
      • BYD News and Reviews
      • Chevrolet News and Reviews
      • Citroen News and Reviews
      • Cupra News and Reviews
      • Ferrari News and Reviews
      • Fiat News and Reviews
      • Ford News and Reviews
      • GWM News and Reviews
      • Haval News and Reviews
      • Honda News and Reviews
      • Hyundai News and Reviews
      • INEOS News and Reviews
      • Isuzu News and Reviews
      • Jaguar News and Reviews
      • Jeep News and Reviews
      • KIA News and Reviews
      • Lamborghini News and Reviews
      • Land Rover News and Reviews
      • LDV News and Reviews
      • Lexus News and Reviews
      • Lotus News and Reviews
      • Mahindra News and Reviews
      • Maserati News and Reviews
      • Mazda News and Reviews
      • McLaren News and Reviews
      • Mercedes-Benz News and Reviews
      • MG News and Reviews
      • MINI News and Reviews
      • Mistubishi News and Reviews
      • Nissan News and Reviews
      • Omoda News and Reviews
      • Opel News and Reviews
      • Peugeot News and Reviews
      • Polestar News and Reviews
      • Porsche News and Reviews
      • RAM News and Reviews
      • Renault News and Reviews
      • Skoda News and Reviews
      • SsangYong News and Reviews
      • Subaru News and Reviews
      • Suzuki News and Reviews
      • Tesla News and Reviews
      • Toyota News and Reviews
      • Volkswagen News and Reviews
      • Volvo News and Reviews
  • Subscribe
    • Print
    • Digital
  • Contact us
    • Contact us
    • Advertise
NZ Autocar
No Result
View All Result
Home Electric

Tesla puts prices up again as they battle inflation pressure and supply issues

Words: Zane Shackleton

by Zane Shackleton
March 16, 2022
Tesla logo reflection

Tesla’s prices have taken a hike, rather literally, as they face two increases in just one week.

A few days ago, Tesla’s long-range line-up got struck with a $2000 price increase.

Overnight, another price spike comes into play. The cheapest standard range Model 3 will now cost you $72,400 NZD.

The long-range and performance variants have also changed their price tag, with a roughly $5000 increase.

Tesla has refused to comment on the price changes. Still, we can safely presume supply strains and the rising cost of raw materials like nickel are to blame.

EVs worldwide are in for some added production cost as nickel prices soar to unprecedented highs. The metal is an essential component in making lithium-ion batteries.

Some entry-level Teslas use lithium-iron phosphate batteries, which don’t require nickel.

But Tesla CEO Elon Musk took to Twitter to cite inflation pressure and logistic issues to blame for rising prices.

Tesla & SpaceX are seeing significant recent inflation pressure in raw materials & logistics

— Elona Musk (@elonmusk) March 14, 2022

It’s a problem that could concern rival automakers as they also transition towards building electric vehicles.

Despite oil prices still as high as ever, EVs could quickly become unaffordable substitutes if raw materials remain expensive and supply doesn’t ease up.

New Zealand’s cheapest EV remains the MG ZS EV, selling for $48,990 before the Clean Car rebate.

Previous Post

Bentley reports massive profit gain and are giving us plenty of EVs

Next Post

KTM 790 Duke – Rewind to 2017

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Free NZ Autocar Enewsletter
ADVERTISEMENT
ADVERTISEMENT
NZ Autocar is New Zealand’s leading automotive magazine. Delivering news reviews from the automotive world, including commentary from leading automotive writers and covers the scope of motoring including new cars, classic cars, EVs and motorbikes.

Our team

Publisher: Mark Petch
General Manager: Gavin Shaw
Editor: Kyle Cassidy
Senior Editor: Peter Louisson
News Editor: Harrison Wade
Art Director: Alex Schultz
Photographer: Isaac Western

To Subscribe

nzautocar.subscription.co.nz

Contact Us

Advertising:
Gavin Shaw
[email protected]
.
Editorial:
Kyle Cassidy
[email protected]
.
NZ Autocar
PO Box 44 304
Point Chevalier
Auckland 1246
New Zealand

Categories

Useful Links

Home
News
Motorsport
New Car Prices
New Bike Prices
Subscriptions
Competitions
Contact Us
Advertising
Terms and Conditions

© 2021 AUTOCAR 2016 LIMITED. ALL RIGHTS RESERVED.

No Result
View All Result
  • Home
  • News
  • Reviews
  • Electric
  • Industry
  • Bikes
  • Classics
  • Motorsport
  • Prices
    • New Bike Prices
    • New Car Prices
    • Make
      • Alfa Romeo News and Reviews
      • Aston Martin News and Reviews
      • Audi News and Reviews
      • Bentley News and Reviews
      • BMW News and Reviews
      • BYD News and Reviews
      • Chevrolet News and Reviews
      • Citroen News and Reviews
      • Cupra News and Reviews
      • Ferrari News and Reviews
      • Fiat News and Reviews
      • Ford News and Reviews
      • GWM News and Reviews
      • Haval News and Reviews
      • Honda News and Reviews
      • Hyundai News and Reviews
      • INEOS News and Reviews
      • Isuzu News and Reviews
      • Jaguar News and Reviews
      • Jeep News and Reviews
      • KIA News and Reviews
      • Lamborghini News and Reviews
      • Land Rover News and Reviews
      • LDV News and Reviews
      • Lexus News and Reviews
      • Lotus News and Reviews
      • Mahindra News and Reviews
      • Maserati News and Reviews
      • Mazda News and Reviews
      • McLaren News and Reviews
      • Mercedes-Benz News and Reviews
      • MG News and Reviews
      • MINI News and Reviews
      • Mistubishi News and Reviews
      • Nissan News and Reviews
      • Omoda News and Reviews
      • Opel News and Reviews
      • Peugeot News and Reviews
      • Polestar News and Reviews
      • Porsche News and Reviews
      • RAM News and Reviews
      • Renault News and Reviews
      • Skoda News and Reviews
      • SsangYong News and Reviews
      • Subaru News and Reviews
      • Suzuki News and Reviews
      • Tesla News and Reviews
      • Toyota News and Reviews
      • Volkswagen News and Reviews
      • Volvo News and Reviews
  • Subscribe
    • Print
    • Digital
  • Contact us
    • Contact us
    • Advertise

© 2021 AUTOCAR 2016 LIMITED. ALL RIGHTS RESERVED.