Tesla adds $1,000 to the prices of Model 3 Dual Motor variants

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Demand, inflation, and Tesla’s popularity have lately played a combined role in back-to-back price hikes in Tesla vehicle prices. After increasing the prices twice last month, Tesla has once again increased the prices of both the Tesla Model 3 Dual Motor variants (Long Range AWD and Performance) by $1,000 (see new prices below).

Tesla’s Fremont factory is the only plant in the United States where Tesla Model 3 is manufactured and this plant has almost reached its capacity. Gigafactory Shanghai is the other location where Tesla produces Model 3 cars but they are not imported back to the US, they mostly go to Asian countries and Europe.

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New Tesla Model 3 Prices

The base variant of the Tesla Model 3 remains at $46,990 which is the cheapest Tesla vehicle anyone can afford at this time.

Here’s the list of the new Tesla Model 3 prices as of 12th April 2022:

  • Tesla Model 3 = $46,990
  • Tesla Model 3 Long Range AWD = $55,490
  • Tesla Model 3 Perforamnce = $62,990
Screenshot: Prices of all the variants of Tesla Model 3 in the United States as of 12th April 2022.
Screenshot: Prices of all the variants of Tesla Model 3 in the United States as of 12th April 2022. Source: Tesla online car configurator.

In this iteration of the Teslas price increase, Model Y remained unaffected by the change. The current base Model Y starts at $62,990 which is far more expensive than the base Model 3.

However, Tesla is working on a cheaper Model Y All-Wheel Drive variant with 279 miles of range that is expected to be available in the next few weeks. This upcoming base Model Y variant was spotted at the recent Tesla event Cyber Rodeo.

Another Tesla Model Y Rear-Wheel Drive (RWD) variant has been added to the EPA website but there has been no official word from Tesla on its arrival. Because of a single motor and a smaller battery (244 miles of range), the RWD Model Y would be a good choice for customers wanting a mid-size SUV within a price bracket of $50K – $55K.

A beautiful white Tesla Model 3 from inside Mackay, Australia inside the Canelands shopping mall.
A beautiful white Tesla Model 3 from inside Mackay, Australia inside the Canelands shopping mall. Credit: Jason Ashmore / Facebook.

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Iqtidar Ali
Iqtidar Alihttp://www.teslaoracle.com
Author of more than 1500 articles on Tesla, SpaceX, and EVs. His work has been liked and tweeted by Elon Musk and other prominent influencers. You can reach him on Twitter @IqtidarAlii

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