Tesla raises prices across entire range, with its cheapest car now starting at $46,990

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The prices of electric vehicles have been raised by the company. The cheapest car in the company's lineup, the Model 3 Rear-Wheel Drive, is now starting at $46,990, while the top-end Model X Tri motor has a price increase of $12,500.

The price of certain long-range models was increased last Wednesday. Today's price raises are more substantial than last week and apply to every vehicle the company sells.

Here is how those increases play out, with old prices from the archives of the website.

• Model 3 Rear-Wheel Drive: $44,990 to $46,990
• Model 3 Long Range: $51,990 to $54,490
• Model 3 Performance: $58,990 to $61,990
• Model Y Long Range: $59,990 to $62,990
• Model Y Performance: $64,990 to $67,990
• Model S Dual Motor: $94,990 to $99,990
• Model S Tri Motor: $129,990 to $135,990
• Model X Dual Motor: $104,990 to $114,990
• Model X Tri Motor: $126,490 to $138,990

A number of factors are likely to have played a part in the new price increases. Inflation is up 7.9 percent in the US this year, caused by the increasing cost of energy, Musk said on Monday.