Within the framework of the pair potential approximation and the shell model including the Jahn-Teller contribution to the crystal energy we have studied the elastic properties of La 2 CuO 4 . The strong anisotropic correlation between the lattice deformations e xx and e zz and the internal displacements of the accompanying sublattices within the La 2 O 2 layers are shown to be responsible for the giant anisotropy of the elastic moduli in the xz-plane. We have predicted the softening of several elastic moduli in the orthorhombic phase region near the pressure-induced structural phase transition. But we have not observed the softening of c 11 , c 12 , and c 66 in the tetragonal phase region that was measured near the temperature-induced structural phase transition.