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Elon Musk: Prices for the Model Y and other Tesla vehicles are frankly at embarrassing levels - News

Elon Musk: Prices for the Model Y and other Tesla vehicles are frankly at  embarrassing levels -  News

The prices of EVs made by the Texas-based automaker have risen sharply due to the rampant inflation, and they have now hit an embarrassingly high level according to its CEO. Musk therefore hopes that a waning inflation towards the end of the year could pave the way for potential price reductions of popular electric cars like the Tesla Model Y.

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Musk says Tesla high pricing 'embarrassing'