Tesla Inc. says it is raising prices by up to $9,000 starting Feb. 1 on its Model 3 vehicle, the cheapest in its lineup.
The company says it will also be raising prices on the Model Y, X and S by $4,000 at the same time.
Tesla did not say why it was raising prices, but the date of the increase happens to coincide with when U.S. President Donald Trump said he could impose widespread tariffs on Canada.
The increase comes after Tesla had already hiked the price of its vehicles by $1,000 earlier in January, pushing the Model 3 and Model Y out of eligibility for federal electric vehicle incentives….