Tesla bumps up the price of some Model 3 and Model Y cars by $500, its 5th price change this year

• Tesla has raised the prices of some Model 3 and Model Y electric cars by $500.
• This is the fifth price change Tesla has made to its cars this year.
• It cut some prices by as much as $2,000 in February, but has gradually increased them since then.
• See more stories on Insider’s business page.

Tesla is tweaking the prices on its Model 3 and Model Y cars for the fifth time this year.

The electric carmaker has bumped up the prices on some models of its Model 3 and Model Y cars by $500, as first reported by Electrek on Thursday.

Tesla has bumped the price of its Tesla Model 3 Standard Range Plus from $38,490 to $38,990, and the long-range model from $47,490 to $47,990.

The price of its Model Y long-range vehicle has gone from $50,490 to $50,990.

Tesla has continually changed the prices of its cars this year. In February, it lowered some of its prices by as much as $2,000, but bumped them back up by $500 on March 11. It increased some prices $500 on March 24, and then once more on April 9.

The cheapest Tesla on sale at the moment, the Model 3 Standard Range, is now $1,000 more expensive than it was before Tesla first cut prices in February.

Schaeffler AG Issues AGM Statement – Quick Facts

Schaeffler AG (SCFLF.OB) said the company has made a good start to the 2021 year across all three divisions. The company plans to vigorously implement Roadmap 2025. For 2021, the company projects revenue growth in constant currency terms of more than 7 percent. The company expects an EBIT margin before special items of 6 to 8 percent in 2021.

The Schaeffler Group expects to generate free cash flow before cash in and outflows for M&A activities of around 100 million euros in 2021.

The Executive Board and Supervisory Board of Schaeffler AG are proposing that the general meeting approve payment for the 2020 year of a dividend of 0.24 euros per common share, and 0.25 euros per common non-voting share.

Ethiopia signs $907 million financing pact with World Bank

NAIROBI (Reuters) – Ethiopia’s finance ministry signed a $907 million financing agreement with the World Bank on Friday geared towards improving access to financing, the fight against COVID-19 and electricity investment, it said.

Some $700 million was a loan and $207 million a grant, the ministry said in a statement.

GOP Rep. Criticizes Cardi B And The Rapper Minces No Words With Her Response

Rep. Glenn Grothman (R-Wis.) suggested Cardi B’s Grammy Awards performance of “WAP” with Megan Thee Stallion was “inconsistent with basic decency” and received a sharp rebuke from the “Bodak Yellow” rapper herself.

Cardi B hit back on Twitter Thursday, slamming the Wisconsin Republican for not focusing on more important issues such as police brutality.

“They giving seats to FUCKIN IDIOTS!!!” she added.

On the House floor, Grothman claimed he’d received complaints about the last month’s televised performance, saying “millions of Americans” would see it as “inconsistent with basic decency.”

“Wake up FCC and begin to do your job,” demanded Grothman, who’s previously claimed Black Lives Matter is a “group that doesn’t like the old-fashioned family.”

“The moral decline of America is partly due to your utter complacency,” he added.

On Twitter, Cardi B referenced this week’s conviction of former Minneapolis police officer Derek Chauvin for the murder of George Floyd by noting how “we all been on the edge this week since we seen police brutality back to back including watching one of the biggest case in history go down DUE to police brutality.”

“But wait ! This is wat state representative decide to talk about.”

In a second tweet, Cardi B said “this is why people gotta vote, elect better people cause you got these dum asses representing states.”

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The Story of the Colonial Roots of Homophobia in Senegal

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How Does Ranked-Choice Voting Work in New York?

When voters select their party’s nominee for mayor of New York City, they will find themselves filling out a different type of ballot. The city is using ranked-choice voting for primary elections this year, and the first major test comes on June 22.

What is ranked-choice voting?

Instead of casting a single vote for a single candidate, voters in a ranked-choice system select a set number of candidates in order of preference. In New York’s mayoral primary, voters will be allowed to choose up to five.

Learn more about how ranked-choice voting works and try it out.

Opinion | Biden, the World Needs Your Help to End the Pandemic

The president should keep his promise on vaccine patents.

By Michelle Goldberg

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