Tesla watchers were taken by surprise when a redesigned version of the Model Y electric crossover SUV, which was not announced by Tesla, showed up on the company's website in China and in nearby markets.

Deliveries of the updated model, code-named Juniper, begin in the U.S. in March, and the only version currently available is a fully loaded Model Y Launch Series priced from $59,990, excluding destination.

Tesla Inc. (NASDAQ: TSLA) is about to raise the price of its Model Y crossover to $59,990. It shows that the electric vehicle (EV) company still has some room for price increases on updated models, even in a difficult U.