SHANGHAI: Tesla Inc has raised the price for some Model Y cars for the Chinese market, its website showed on Friday.

The price for the Long Range version of the Model Y increased by 5% to 394,900 yuan, while prices for other versions and for the Model 3 are unchanged, showed the US carmaker’s Chinese website.

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Tesla raised prices for all its car models in the United States on Thursday, in response to persistent global supply chain problems and soaring raw material costs.

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