Tesla Model 3 Price History

Date:

Where To Buy A Used Tesla Model 3

Tesla cuts price of Model 3 by $1,100
Shoppers just like you have reviewed dealerships near you. Now that you’ve found the right vehicle for you, you can find the best place to buy a used Tesla Model 3. Check out our user ratings for dealers near you to help you choose the best place to buy your used Tesla Model 3. Learn more about the Tesla Model 3

Tesla Prices Are Higher Than Ever And Be Prepared To Wait

The Model 3 starts at $48,440, while the Model S and Model X both start above $100,000. If you order a Model X today, Tesla estimates it won’t arrive until 2023.

  • Tesla has raised prices on its entire lineup once again.
  • The Model 3 now starts at $48,440, while the Model S costs $101,440 to start.
  • The soonest you can get a Tesla if you order one now is 410 weeks, for a Model S Plaid. Tesla estimates a base Model X won’t arrive until May 2023 if ordered now.

Like many things in this current world, the prices of Tesla electric vehicles has gone up. Tesla’s entire lineup now costs more, with the base prices of the Model 3, Model Y, Model S, and Model X all rising by a few thousand dollars recently. According to Tesla’s website, buyers who order now should also be prepared to wait between several months to over a year for their new vehicles to arrive, depending on the configuration they choose.

The Model 3, once promised to be Tesla’s breakthrough into more affordable territory, now starts at $48,440nearly $6000 more than a base BMW 3-series. And the Model Y, its crossover companion, starts at $64,440. The wait for this cheapest version of the Model 3 spans until August, while a base Model Y that’s ordered today isn’t estimated for delivery until December.

Tesla & SpaceX are seeing significant recent inflation pressure in raw materials & logistics

Elon Musk

Tesla Raises Prices Across Lineup

Tesla has raised the prices of every vehicle in its lineup.

Tesla operates differently than traditional automakers in many ways, including prices.

Most automakers update their cars every year, releasing them in model years. They set prices each model year and rarely adjust them during the production run .

Tesla doesnt recognize model years. The company makes changes to its cars at irregular intervals and has never fully redesigned a car. It adjusts prices frequently. Most of its models saw 10 or more price increases in 2021 an unprecedented pace.

The companys flagship Model S sedan started off 2021 with a $69,420 price tag and ended the year with a window sticker of $94,990.

The same pattern may hold in 2022. This is at least the third price increase this year for most of the Tesla lineup.

Some trim levels escaped the changes. Heres where they stand as of today.

Also Check: How Long To Recharge Electric Car

Other Cars That Are Considered Overrated

Jalopnik published poll results recently, which gauged which cars were considered the most overrated. Among them was the Tesla Model 3, which was at the beginning of the list, indicating many readers found it most disappointing and not worth the hype. Another entry on the list was the BMW 5 Series, which one reader described as a fat, dumpy soap bar. It earned its place on the list primarily for aesthetics. Later on, in the list is the Toyota Supra, and one reader described its specs as being average compared to other models in its class.

Interestingly, the poll includes the Ford Model T, one of the first production model cars and came out over a century ago. Readers seemed to consider cars overrated from all historical points, from one of the first cars on the market to cars that came out a few years ago, like the Model 3.

What To Look For When Buying A Used Tesla Model 3

How much will a Tesla Model 3 electric car cost in Australia? Find out here
Price, mileage, and condition are all important factors to consider when buying a used Tesla Model 3. Edmunds found 6 Great, 7 Good, and 8 Fair deals near you, so you can be sure to get the best price. We also recommend reading Edmunds’ consumer reviews to find common problems, and paying for an independent inspection to make sure the used Tesla Model 3 you’re buying doesn’t have any problems that need addressing. Learn more about the Tesla Model 3

You May Like: How Are Tesla Batteries Made

May 2020 Tesla Price Cuts

Tesla cut prices by up to $5,000 in a bid to address sagging demand, according to a report from Reuters.

The Model 3 saw a $2,000 price cut to $39,190 with destination, while the Model S saw a $5,000 price cut to $76,190.

Model X pricing fell by $5,000 to $81,190. The only model that wasn’t affected was the Model Y.

Tesla With Significant Price Increases Due To Inflation

Tesla With Large Prices Increases For All Vehicles

Inflation and supply chain issues have caused concern according to Elon Musk and a Tweet he sent sharing pressures Tesla was facing due to inflation. The end result of this is one of the biggest price increases in Tesla’s history. Let’s see what the changes are:

$138,990 16%

Some of these changes are very significant. The Model X – Long Range is up the most, a whopping 28% since a year ago and the Model S Long Range and Model Y Long Range is up a giant 25% since a year ago. All vehicles are up at least 9%.

With these prices going up so high, are we going to see wait times to get a Tesla vehicle decrease? I visited Tesla’s website to take a look at all their vehicles and the only vehicles that have any inkling of a short wait time is the Tesla Model 3 RWD , but even it is still out to August of 2022.

I have a Tesla Model 3 RWD on order and the date of delivery got moved up to the end of March, 2022, from July, 2022, shortly after these price increases were announced. Does that mean I jumped the line because many people canceled their orders? I’m not sure – we’ll see if the new date holds.

Tesla & SpaceX are seeing significant recent inflation pressure in raw materials & logistics

Elona Musk

Inflation + Demand = Much Higher Prices

There has been a few thousand dollar price increase over the last couple weeks for the Tesla Model 3 and Tesla Model Y, which are Tesla’s most purchased vehicles.

Read Also: How Long Do Electric Car Batteries Take To Charge

How Much Is A New Tesla Roadster

Tesla has ambitious goals for its new Roadster: hit 60 mph in 1.9 seconds and achieve a range of 620 miles. Fittingly, prices will start around $200,000. The Founders Series, limited to the first 1,000 customers, is priced around $250,000. At this price, the Roadster is poised to become the most expensive Tesla in the lineup. As of right now, Tesla is taking reservations for the Roadster but the official on-sale date hasn’t been announced.

Tesla Raises Prices Again

Tesla Might Cut Model 3 Prices by 20%

Tesla has raised the prices of select Model 3, Model Y, Model X, and Model S vehicles, Electrek reports. The largest price increase affects the Model X Dual Motor All-Wheel Drive version, which saw a $6,000 increase from $114,990 to $120,990, while the Model S Dual Motor All-Wheel Drive configuration increased by $5,000 from $99,990 to $104,990. Teslas most affordable car, the Model 3, was spared from the most severe increases.

One version of the Model 3 is seeing an increase, however. The Long Range version of the Model 3 increased in price by $2,500 from $54,490 to $57,990. However the price of the most affordable Model 3 version sold online, the Rear-Wheel Drive model, is staying the same at $46,990. That was the price it rose to during Teslas last major round of price increases in March.

The Long Range version of the Model 3 now costs $57,990.

The Long Range Model Y is also increasing from $62,990 to $65,990 , while the Performance model is up by $2,000 from $67,990 to $69,990.

It was a very different situation just a few short years ago when Tesla was cutting the price of its most affordable Model 3 in an attempt to make it an affordable option for the mass-market. Now, though, the companys prices are a long way away from the $35,000 starting price it was targeting for so many years.

Recommended Reading: 2021 Tesla Model X Price

Will Other Models Follow Soon Too

Tesla has increased the prices of the Tesla Model 3 in the US, just about three weeks since the previous general increase, which applied to all models.

This time, the price bump concerns the two NCM-powered versions of the Model 3, while the LFP-powered version maintained its price.

The new price of the Model 3 LR AWD is $55,990 – $1,500 higher, while the Performance version now starts at $62,990 – up $1,000 .

Model S Price Changes

With the higher starting price, the Model S has seen a more significant decrease for both variants.

The Long Range Plus now starts at $105,990, down $7,000 from $112,990. The Performance also saw a $7,000 price drop, now starting at $130,990.

In addition to the price changes for the Model S, Tesla has also removed the perk of free unlimited Supercharging for the life of the vehicle.

Read Also: Tesla Model Y Performance Hp

Depending On The Model And Version Prices Increased By $2000

Just several days after the previous price increase for some of the Model 3/Model Y versions, Tesla applied a more substantial price increase to all versions of all its cars in the U.S.

Depending on the model/version, the change is from $2,000 to $12,500. In most cases, it’s between 4% and 5%. However, in the case of the Tesla Model X, the increase is almost 10%. The Model X is also the car with the longest estimated delivery time .

As we can see below, the least expensive Tesla, the LFP-powered Tesla Model 3 RWD, now starts at $46,990.

Including the obligatory $1,200 DST, the base cost is $48,190, which is just a step below $50,000. Let’s recall that several years ago, the entry-level Tesla Model 3 was expected to start at $35,000.

The Tesla Model Y – the most popular electric car in the US and basically globally , now starts at $62,990 + DST.

How Much Is A Tesla Model 3

Tesla takes Standard Range Model 3 off website, changes pricing again ...

As the cheapest Tesla available, the Model 3 has a lot to offer, including strong range and sleek styling. The rear-drive Standard Range Plus model had already seen its base price jump to $47,690, including a $1,200 destination fee this entry price has risen steeply in recent weeks, with the lastest bump nudging it to $48,190 as of March 2022. This car has an estimated driving range of 267 miles, up 5 miles from before.

The Long Range model delivers an EPA-rated 353 miles of range and now starts at $59,190, a big leap from its most recent price of $55,690, itself up from $53,690 earlier this year. The racier Performance model manages an EPA-rated 315 miles of range on a full charge and is priced from $64,190, up from its most recent price of $63,190. Both Long Range and Performance models come standard with all-wheel-drive courtesy of an individual electric motor at each axle.

Don’t Miss: Tesla Model X Battery Replacement Cost

How Much Is A Tesla Model X

Known for its “Falcon Wing” doors, the Model X SUV is the most expensive Tesla currently available. With an estimated range of 332 miles, the Tesla Model X Long Range goes for $122,190, up from its most recent MSRP of $116,190 and over ten grand pricier than it was earlier this year. The Model X Plaid’s range drops to an estimated 311 miles, but like the Model S Plaid, it delivers quicker acceleration and a higher top speed. Prices for this trim start at an eye-watering $140,190, up huge from its most recent $126,690, which itself represented a $4,500 increase.

The Model X comes standard with five seats. A six-seat configuration costs an extra $6,500, and a seven-seat configuration costs $3,500.

Tesla Raises Prices On Model 3 And Model Y

Tesla has raised prices more than ten times this year. Here are the latest changes.

Tesla today raised prices in the US on both the Model 3 and Model Y, while prices for Tesla’s Model S and Model X held steady.

Prices

The Model 3 Long Range version increased by $1,000 to a new price of $49,990. The vehicle started the year at $46,990.

The Model Y Long Range version also increased by $1,000 to a new price of $53,990. The vehicle started the year at $49,990.

Prices for other versions of the Model 3 and Model Y remained the same.

Model S and Model X prices did not change, however Tesla increased the price of the Long Rang Model S by $5,000 in the first week of July. The table below shows Tesla’s price change history throughout Q2 and Q3.

Q1 changes are not displayed in the table above.

Impact

As the table above demonstrates, price increases are nothing new for Tesla this year. Part shortages and logistics challenges have put cost pressures on manufacturers globally throughout the first half of 2021, so it remains to be seen if Tesla’s price adjustments have been in response to rising costs, rising demand, or some combination of both. Investors will get some insight there when Tesla reports Q2 earnings next week.

Demand

You May Like: Best Electric Cars On The Market

Does Anyone Know The Documented Model 3 Price History

I’m looking to see if anyone knows of a source that collected the summary of the many many price changes that have ensued over the last year with the Model 3? I think it would be interesting to review them all…

I’m looking to see if anyone knows of a source that collected the summary of the many many price changes that have ensued over the last year with the Model 3? I think it would be interesting to review them all…

temporary.

Same place Ford keeps their pricing history.Seriously – not sure why folks are getting hung up on this. Previous or future pricing has no bearing on your Model 3. Either its the right price for you at the right time… or its not.

I don’t believe ICE car prices change.I believe dealership prices change.

Price Changes In The Us

Tesla Model 3 India review – Happy Dussehra! | First Drive | Autocar India

When Tesla raised prices in Canada two months ago, US customers were saved from the increase. This time, they also saw similar price cuts across the lineup of Tesla vehicles.

For the Model 3 in the US, the SR+ now starts at a very attractive $37,990USD, down $2,000. The LR now starts at $54,990USD and the Performance version starts at $60,990USD.

The Model S and Model X saw similar $5,000 price drops in the US. Now the most expensive Performance Model S starts under $100K at $99,990USD. The LR+ Model S starts at $94,990USD.

The LR+ Model X starts at $74,990USD, and the Performance version now starts at $79,990USD.

You May Like: Tesla Model Y Long Range Hp

New Tesla Model Y Prices

Tesla has increased the price of both Model Y variants by $1,000. This electric SUV by the automaker is based on the same platform as the Model 3 and they share the same battery pack.

When Giga Texas and Giga Berlin start producing Model Y with the structural battery pack, both of these cars will differ significantly in this regard.

The new prices of the Model Y variants are as follows:

  • Tesla Model Y Long Range AWD: $59,990
  • Tesla Model Y Performance: $64,990

This Is The Second Price Hike In As Many Weeks

Tesla has hiked Model 3 prices in Canada again.

The change was spotted by Ben Si in the , which saw the entry Model 3 Standard Range Plus in Pearl White Multi-Coat with 18-inch Aero Wheels jump from $54,990 to $56,380 in Canada . Further, delivery dates for the cheapest Model 3 now show September 2022.

Tesla North notes the price hike comes roughly two weeks after Tesla increased the Model 3 price from $52,990 to $54,990. All told, Tesla has increased the cost of the Model by $3,390 in roughly 14 days.

Further, when you take out the $1,280 delivery fee, $100 air conditioning fee and $10 OMVIC fee, the new Tesla Model 3 price sits just $10 below the federal EV rebate limit of $55,000.

Unfortunately, the Model 3 isnt the only Tesla vehicle to see significant price increases in Canada over the last few months. Tesla also recently increased the cost of the Model Y by $4,000.

You May Like: Childrens Electric Cars 24 Volt

Model X Price Changes

The Model X was not to be left out of the price changes, seeing the same $7,000 price drop for both variants.

The Long Range Plus now starts at $112,990, and the Performance version starts at $137,990.

Unfortunately much like the Model S, free unlimited Supercharging has also been removed from the Model X.

Tesla Model 3 And Model Y Get Their First Price Increase Of 2022 As Nickel Prices Rise To An All

Here
  • Post author

Tesla Inc. has made the first price increase of this year for its smaller car segment i.e. Model 3 and Model Y. An increment of $1,000 has been made to all Model Y variants and to the Model 3 Long Range variant.

The base and top-end variants of the Model 3 have been unaffected in todays price increase .

This price hike by Tesla has come at a time when nickel prices have surged to an all-time high. Nickel is an important ingredient used in making electric vehicle batteries. Nickel is used to make the cathode part of an EV battery cell.

After a record surge in the nickel commodity price on Tuesday , London Metal Exchange stepped in to halt the trading for a few days. The Russia-Ukraine conflict is the major catalyst in the record price increase of nickel.

Russia has banned the export of Nickel in response to economic restrictions placed by the United States and its allies. In 2021, Russia accounted for about 9.2% of the worlds total nickel mining production and holds a reserve of 7.5 million tonnes of this metal.

With Tesla producing a high number of Model 3 and Model Y cars per day at its Fremont and Shanghai factories, these are the cars most affected by the scarcity and price hike of nickel.

Model Y production start at Giga Texas and Giga Berlin is getting closer day by day and Tesla will require more and more batteries and nickel in the coming months.

Recommended Reading: 2020 Tesla Model S Price

Share post:

Subscribe

Popular

More like this
Related

Tesla Solar Panels Review 2020

Tesla Solar...

Tesla Car Price New York

Autocheck Vehicle...

Tesla Self-driving Car Price

Tesla Increases...