After temporarily cutting Model Y prices over the weekend, Tesla, Inc. (NASDAQ:TSLA) raised the price of the Long Range (LR) variant of its new Model 3 sedan in the U.S. by $500 late Tuesday. What Happened: A Model 3 LR variant in the U.S. will now cost $47,490, marking a back-to-back price hike from earlier this month when it increased by $1,000. Tesla investor and influencer Sawyer Merritt first spotted this update. Additionally, the delivery lead time for the Model 3 LR has been pushed back from March-April to April-May. Typically, extending lead times indicates increased demand for a produ…
