Tesla just lowered the prices of some of its electric cars in the United States by a noticeable amount, thus improving affordability and competitiveness.<\/p>\n
The latest round concerns all versions of the Tesla Model 3, as well as the Long Range AWD and Performance versions of the\u00a0Tesla Model Y. The entry-level Model Y RWD, which was introduced just a few days ago, maintains its price.<\/p>\n
Let’s start with the Model 3. The price of the base, RWD version is now $38,990, which is $1,250 or 3.1 percent less than before. After deducting the obligatory cost of $1,640 (destination and order fee), as well as the available $7,500 federal tax credit, the effective minimum cost is $33,130. That price can additionally be lowered by a referral link promotion ($250) and some state incentives.<\/p>\n
The Model 3 Long Range AWD also is now $1,250 less expensive and starts at $45,990, while the Performance version received a more significant $2,250 cut (now $50,990).<\/p>\n
We are not surprised by the Model 3 price reductions because the newly introduced Model Y RWD ($43,990) appeared to be too close to the entry-level Model 3 RWD, sparking some internal competition.<\/p>\n
Speaking of the Model Y, both Long Range versions (AWD and Performance) are now $2,000 less expensive, starting at respectively $48,490 and $52,490.<\/p>\n