Tesla raises Model Y prices and slightly reduces the price of the base Model 3

-

-Advertisement-

Tesla has once again shuffled the prices of its lower-end Model 3 and Model Y vehicles. This is the third time the Austin, TX-based electric automaker has changed its pricing since the start of the new year 2023.

The first change of this year was a significant price drop across Tesla’s entire vehicle lineup last month.

Tesla had shuffled its prices several times throughout last year mainly due to inflation and increased interest rates. Most of these were price hikes instead of drops.

Let’s review the most recent Model Y and Model 3 price changes of February one by one below.

Tesla Model Y Accessories by EVANNEX (Sponsored Banner).
– Sponsored –

Tesla Model Y New Prices

Tesla Model Y was the one receiving the heaviest price drop last month of up to 20% on different variants. But toward the end of January, Tesla increased the price of the Model Y electric SUV by $500 due to the increased demand, according to Elon Musk’s opening remarks during the Q4 2022 earnings call.

Here’s the list of the new Tesla Model Y prices:

  • Tesla Model Y Long Range AWD = $54,990 (previous: $53,450, a 2.8% increase)
  • Tesla Model Y Performance = $57,990 (previous: $56,990, a 1.75%increas)
Screenshot: Prices of all the variants of the Tesla Model Y in the United States as of 4th February 2023. Source: Tesla online car configurator.
Screenshot: Prices of all the variants of the Tesla Model Y in the United States as of 4th February 2023. Source: Tesla online car configurator.

Interestingly, a fully-loaded Tesla Model Y Performance with the $15,000 Full Self-Driving (FSD) Capability software can still qualify for the $7,500 EV tax credit.

– Advertisement –

A Tesla Model Y with FSD, white interior, premium paint option, and tow hitch still costs $76,990 which falls under the tax credit cap of $80,000 for the Model Y (more details on the Tesla support website).

Tesla Model 3 New Prices

The most affordable Tesla car, the Tesla Model 3 became even cheaper with the latest price drop of $500. The new price of the base variant of the Tesla Model 3 compact electric sedan is now $43,490.

Here are the new prices of Tesla Model 3 with older ones in the brackets for comparison:

  • Tesla Model 3 RWD = $43,490 (previous: $43,990, a 1.1% drop)
  • Tesla Model 3 Performance = $53,990 (unchanged)
Screenshot: Prices of all the variants of the Tesla Model 3 in the United States as of 4th February 2023. Source: Tesla online car configurator.
Screenshot: Prices of all the variants of the Tesla Model 3 in the United States as of 4th February 2023. Source: Tesla online car configurator.

Stay tuned for constant Tesla updates, follow us on: 
Google News | Flipboard | RSS (Feedly).

Related

Iqtidar Ali
Iqtidar Alihttp://www.teslaoracle.com
Iqtidar has been writing about Tesla, Elon Musk, and EVs for more than 3 years on XAutoWorld.com, many of his articles have been republished on CleanTechnica and InsideEVs, maintains a healthy relationship with the Tesla community across the Social Media sphere. You can reach him on Twitter @IqtidarAlii

Latest News

Cybertruck takes Monaco Hairpin turn with ease using 4-wheel steering, steals attention from ultra-luxury cars

Fairmont Hairpin Curve is a popular tourist destination in Monaco, France — and what better place is to show...

Chuck Cook tests Tesla FSD v12.4.1 at his difficult unprotected left turn (video)

It has been almost two weeks since Tesla started rolling out FSD v12.4.1 to a limited number of external...

Cheaper non-Foundation Tesla Cybertruck production to start in Q3 2024

During the Tesla (TSLA) Annual Shareholder Meeting Q & A session last week, the CEO Elon Musk gave an...

Tesla investors approve Elon Musk’s $56B pay package, he shares the vision for a $25T market cap

Tesla (TSLA) CEO Elon Musk was more than happy as he danced his way to the presentation floor at...
- Advertisement -

Flight 4 Starship survives reentry burn and makes a successful splashdown landing

Yesterday’s Starship launch (Flight 4/IFT-4) accomplished all of its goals. The successful launch and reentry of both Super Heavy...

SpaceX announces new Starship Flight 4 date, adds Hot-stage Jettison to the timeline, more

Elon Musk’s SpaceX has announced the earliest date of Starship Flight 4 i.e. 6th June 2024. The spaceflight company...

Starship updates: New Flight 4 schedule, watch full stack test, developments at Starbase, more

SpaceX’s orbital launch site in Starbase, Texas had a tough work routine this past week with multiple operations going...

Tesla Tips & Tricks

Leaked photo of the Tesla Cybertruck bed reveals 3 power outlets of 120 and 240 volts

As close as we get to the Cybertruck Delivery...

Cybertruck rust or just dust — and how to fix the issue

It has been almost 3 months since Tesla started...

Tesla Quarterly Reports & Eearnings

- Advertisement -

You might also likeRELATED
Recommended for You