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Tesla Bumps Model 3, Model Y Price by $500

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Tesla has added $500 to the price of the Model 3 Standard Range Plus, Model 3 Long Range Dual Motor AWD, and Model Y Long Range Dual Motor AWD.

There has been no stability in Tesla’s pricing this year. A $500 increase was implemented twice in April alone. And, back in February, Model 3 Standard Range Plus and the Model Y Long Range Dual Motor AWD received a $1,000 discount.

Tesla’s Model 3 Standard Range Plus now costs $39,490 and the Model 3 Long Range Dual Motor AWD now costs $48,490. The Model 3 Performance’s price remains $56,990 before options.

The Tesla Model Y Long Range Dual Motor AWD now starts at $51,490. The Model Y Performance remains at $60,990.

Tesla watchers suggest that Tesla may have sold out its second-quarter production run, showing that demand is strong even with price changes.