However, there will be no price hike for the cheapest Model 3, which is its cheapest vehicle with a starting price of $35,000 in the USA, around £26,400 in the United Kingdom - although prices for Britain are yet to be confirmed.
Tesla also made a decision to retain some of the physical stores it had planned to close and will reopen some of the closed retail centers.
That's good news for most of Tesla's sales staff, but not for new customers, who will pay the price for keeping the stores open.
Tesla said that sales would still be conducted online with potential buyers "coming in to stores will".
In a statement on Sunday, the vehicle maker said potential buyers can place orders until March 18 at the old prices.
In a Monday filing with government regulators, Tesla now says it closed 10 percent of its stores, but a few of those will now remain open.
Also Monday, a NY attorney announced that Tesla's former chief of security has filed a whistleblower complaint with the U.S. Securities and Exchange Commission.
Tesla has 378 stores and service centers worldwide.
To make up for this, Tesla will raise the prices of its high-end vehicles by about 3 percent on average, as it strives for profitability.
Fox News senior judicial analyst Judge Andrew Napolitano on Tesla CEO Elon Musk's Twitter fight in court and the legalization of marijuana in states across the country. Of course, anyone ordering a Tesla to their home sight unseen will be able to return the vehicle after 1,000 miles or seven days (whichever is first) thanks to the company's new return policy announced last month.
Tesla announced some stores closed in high visibility locations will be reopened with a fewer number of staffers.
Musk on February 19 tweeted to his more than 24 million Twitter followers that Tesla would make around 500,000 cars in 2019.
The abrupt decision by Chief Executive Officer Elon Musk to wind down stores after years of expanding Tesla's network of retail spaces sparked concern about the company's finances. However, cars will still be available for test drives at stores at the potential Tesla owner's request.
On balance, this seems like further evidence that Tesla's initial announcement wasn't really planned.
As part of its move to shift all sales online and other ongoing cost efficiencies, Tesla slashed the prices of its Model 3, Model S, and Model X vehicles by about 6% on average.