Tesla expects to raise Model 3 prices in Europe after EU tariffs on China EVs

The new Tesla Model 3+ goes on sale at the Tesla Store in Hangzhou, Zhejiang Province, China on September 26, 2023.

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Tesla said on Thursday it is likely to raise the price of its Model 3 vehicle in Europe from July 1 after the European Union said it may impose temporary higher tariffs on electric cars imported from China.

“We expect demand to increase prices for Model 3 vehicles beginning July 1, 2024,” according to an announcement on Tesla’s website. “This is due to additional import duties on electric vehicles made in China and sold in the EU.”

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