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Tesla has been jumping back and forth with its pricing, however the Model 3 is now $3400 cheaper than before
Tesla has once again cut pricing for its Model 3 electric car – the range is now $3400 cheaper than its most recent pricing adjustment just one month ago.
The pricing change comes after Tesla lowered, then raised prices slightly for its Model 3 and Model Y within a period of just two months.
In February 2023, Tesla made pricing cuts across the globe for its electric vehicles, with the standard range, rear-wheel-drive Model 3 originally dropping from $65,500 before on-road costs to $63,900. It’s now priced lower again, from $60,900 before on-road costs.
The Model 3 Long Range was priced at $80,000 – now it costs $73,900 before on-road costs – a reduction of a significant $6100.
The Tesla Model 3 is a strong competitor for cars such as the Polestar 2, Kia EV6 and Hyundai Ioniq 5, but will soon need to compete with the new Hyundai Ioniq 6 sedan.
All prices listed are before on-road costs.
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