Tesla is increasing the prices of its vehicles due to supply chain pressures across the auto industry.
"Prices increasing due to major supply chain price pressure industry-wide. Raw materials especially," Elon Musk said on Monday, adding that the crisis is deeper in the case of raw materials.
![Tesla Tesla](https://data.ibtimes.sg/en/full/41342/tesla.jpg?w=736)
More From Reuters
In May, Tesla increased its Model 3 and Model Y prices, the automaker's fifth incremental price increase for its vehicles in just a few months, the Electrek website reported.
During an an earnings conference call in April, Musk said Tesla had experienced "some of the most difficult supply chain challenges," citing a chip shortage. "We're mostly out of that particular problem," he added at the time.
![Tesla Model X Tesla Model X](https://data.ibtimes.sg/en/full/43310/tesla-model-x.jpg?w=736)
In response to the removal of lumbar support on the passenger side in Tesla's Model Y, Musk said, "Moving lumbar was removed only in front passenger seat of 3/Y (obv not there in rear seats). Logs showed almost no usage. Not worth cost/mass for everyone when almost never used."
Earlier on Monday, the Electrek reported that new Tesla Model Y owners are reporting that their electric SUVs are being delivered without lumbar support on the passenger side.