https://apnews.com/article/tesla-raise-prices-stock-drop-model-s-6a267085445c0373aee2aa6ab7c57738

DETROIT (AP) — After cutting U.S. vehicle prices four times this year, Tesla raised the cost overnight on its slow-selling more expensive models.

The hike could be an effort to appease investors, who dumped shares of Tesla on Thursday after earnings and profit margins dropped due to previous price cuts.