Why Tesla's vehicles price rising, Is Elon Musk breaking his promise?

There is an increase in supply chain pressure, said by Elon Musk.

Why Tesla's vehicles price rising, Is Elon Musk breaking his promise?
Elon Musk (credits - Twitter)

In May, Tesla has 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 earnings conference call in April, Musk said Tesla had experienced “some of the most difficult supply chain challenges,” citing a chip shortage.

“Prices increasing due to major supply chain price pressure industry-wide. Raw materials especially,” Musk said in a tweet.

He was responding to an unverified Twitter account called @Ryanth3nerd, which said, “I really don’t like the direction @tesla is going raising prices of vehicles but removing features like lumbar for the Model Y…”

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.