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Fifth Price Increase Hits Model 3, Model Y

Another price change has hit the Model 3 and Model Y.

Tesla has now increased the price of the vehicles five times in the last few months. Tesla has not offered an explanation for the fluctuation.

The latest increase adds $500 to the Tesla’s Model 3 Standard Range Plus and Model 3 Long Range AWD. The Tesla Model Y Long Range AWD also received a $500 price increase.

Here are the new prices for the vehicles:

  • Model 3 Standard Range Plus – $39,990 
  • Model 3 Long Range AWD – $48,990 
  • Model Y Long Range AWD – $51,990

The continued increases are starting to add up to meaningful money for some models – $2,500 for the Long Range AWD version. Tesla dropped Model 3 and Model Y prices in February and March, then increased Model 3 prices in late March. April brought two increases for all Model 3 and Model Y versions, then another bump in early May.

TechJunky

Member
Mar 8, 2021
38
51
Ohio
Looks like it went up another $500. The M3LR was $45,990 when I ordered mine towards the beginning of the month. A week or two later, it went up $500 to $46,490. Now it looks like it's $46,990, another $500 sometime in the last few days. I can't speak to the other ranges, or other models, to see what changes were made there, I just know the LR since that's what I'm getting.
 

Mattopotamus

Member
Jun 7, 2020
347
248
Atlanta
Looks like it went up another $500. The M3LR was $45,990 when I ordered mine towards the beginning of the month. A week or two later, it went up $500 to $46,490. Now it looks like it's $46,990, another $500 sometime in the last few days. I can't speak to the other ranges, or other models, to see what changes were made there, I just know the LR since that's what I'm getting.

I think $46,990 was the original price before the price cut, so it looks like it went back. They probably did this because people were buying the LR with Accel Boost over getting a P.
 

delfonique

Member
Nov 11, 2019
57
20
Raleigh, NC
In early February a Model 3 SR+ with the most basic configuration was priced at $36,990 and today I checked and it’s gone up to $37,990 😳 I think it first creeped up to $37,490 just a couple of weeks ago!
 

ucmndd

Well-Known Member
Mar 10, 2016
6,521
12,203
California
This strikes me as Tesla’s new approach to “incentives” while also steadfastly maintaining they don’t do incentives (wink wink).

Lower prices a month before the end of the quarter. Raise them at the beginning of the next. Lather rinse repeat.
 

delfonique

Member
Nov 11, 2019
57
20
Raleigh, NC
This strikes me as Tesla’s new approach to “incentives” while also steadfastly maintaining they don’t do incentives (wink wink).

Lower prices a month before the end of the quarter. Raise them at the beginning of the next. Lather rinse repeat.
I think this is a valid assumption.
 

Zacster

Member
Sep 11, 2017
131
59
NYC
I ordered my SR+ at 37,990, and it was lowered to 36,990 before I took delivery. I've been getting lucky on occasion. I also sold my minivan for top $ even though I low-balled the price. We asked a contractor we work with if he wanted it, and he told us he'd put it on his facebook page. He got 60 inquiries in 3 days.

Another lucky happenstance was when I was at the supercharger the other day. An Uber driver was next to me in his M3, and he told me about the Con Ed SmartCharge rewards program. It basically gives you back what you pay over the nighttime rate if you don't have time of day billing by using a FleetCarma attachment. What's really nice about this is that time-of-day billing raises the daytime rate as it lowers the nighttime rate. With this you get the nighttime rate without raising the daytime rate. Sure, they track things and send back data, but guess what, both your phone and your Tesla already do that too.

Now if they'd pass the tax incentive to be retroactive...
 
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