Tesla has tweaked its prices yet again in america for the Model Y and Model 3.
In keeping with changes spotted by @Tslachan, the Model Y has increased in price as expected in any case trims today now qualify for the federal tax incentive of $7,500.
Previously, only the 7-seater Model Y was eligible but with a price cap raised to $80,000 USD across the board, all Model Y trims now qualify and we suspected a price hike was imminent. It’s now here.
Model Y Price Changes
- Long Range: $54,990 (was $53,490; up $1,500)
- Performance: $57,990 (was $56,990; up $1,000)
As for the Model 3 Rear-Wheel-Drive (RWD), it has decreased in price, adding more price pressure on the auto industry.
Model 3 Price Changes
- Model 3 RWD: $43,490 (was $43,990; down $500)
- Performance: $53,990 (no change)
This increased price gap between the Model Y and Model 3 will likely push more sales towards the latter, because it’s now available from $349/month for leasing, as stated on Tesla’s website. After the $7,500 tax credit for eligible buyers, the Model 3 works out to simply $35,990 USD.
Tesla Model 3 Base Price History chart via Aldrich below:
Tesla also recently lowered prices in South Korea, with Model 3 and Model Y eligible for a recent state subsidies within the nation.
…developing, more to follow