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If anyone's on the fence they should get their reservations in before Saturday so they don't have to pay the extra $6,250

All reservations placed before Saturday are exempt from the increase, the company said. The Hummer EV pickup truck currently goes for about $80,000 to $100,000.

The announcement comes after several automakers hiked the cost of their electric vehicles in recent weeks. The war in Ukraine and ongoing supply chain challenges have jacked up the the prices of the raw materials necessary for EV batteries, causing Tesla, Rivian and Cadillac to raise the prices of their electric vehicles.
I think this was inevitable, even Tesla announced increases as much as $6,000 this week.
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