12:03 PM EDT, 07/10/2024 (MT Newswires) -- Tesla (TSLA) raised prices of its Model 3 vehicles in a number of countries in Europe by about 1,500 euros ($1,623) due to the European Commission's tariffs on electric vehicles made in China, Reuters reported Wednesday, citing the company.

The price increases were implemented in Germany, Spain, and the Netherlands, Reuters reported.

Tesla did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 263.21, Change: +0.88, Percent Change: +0.34