Tesla yesterday decided to raise the prices of its Model 3 and Model Y again. This is just the latest small price increase in a long series of increases that have been happening in recent months. As we've reported in the past, Tesla is starting 2021 off a bit strangely when it comes to price changes.
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Tesla regularly adjusts its prices, but not as often as it has in the past four months.
In February, Tesla made several changes to the prices of the Model 3 and Model Y, reducing prices in early March and then increasing Model 3 prices in late March.
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In April, the automaker raised prices again on all Model 3 and Model Y models, and then again in late April. Last night, Tesla updated prices again, and this is the fourth increase in just over two months.
Tesla Model 3 prices
The price changes are similar to those that occurred two weeks ago.
Tesla's Model 3 Standard Range Plus and Model 3 Long Range AWD are both getting a $500 price increase.
Here are all the prices of the different versions of the Model 3:
- Tesla Model 3 Standard Range Plus: price increased from $38,990 to $39,490
- Tesla Model 3 Long Range AWD: price increased from $47,990 to $48,490
- Tesla Model 3 Performance: price remained the same at $56,990
With these four consecutive price increases, the Model 3 Standard Range Plus, Tesla's cheapest vehicle, has now reached $39,500 from the $37,000 it cost in February.
And the Long Range AWD version has seen a significant price increase from the $46,490 it cost in March.
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Tesla Model Y prices
And Model Y prices have been steadily rising in recent months. The latest change again raises the price of the Model Y Long Range AWD by $500.
Here are all the price changes for the Model Y:
- Tesla Model Y Long Range AWD: price increased from $50,990 to $51,490
- Tesla Model Y Performance: price remained the same at $60,990
Source of information: electrek.co
