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The Tesla Model 3 Now Costs $8,000 More Than It Did In February
The Tesla Model 3 Now Costs $8,000 More Than It Did In February-May 2024
2024-02-19 EST 22:09:27

Image for article titled The Tesla Model 3 Now Costs $8,000 More Than It Did In February

2021 has been a wild year for car prices. New car MSRPs , and used car prices just the same. Even domestic economy cars old enough to drink are . Tesla, never one to feel left out, has been all year long. Now, after another round of increases, the Model 3 officially costs over 20% more than it did just nine months ago.

The Model 3 was meant to be Tesla’s entry-level model, with an advertised price of $35,000 . That version of the car did eventually , , but for most of its life the Standard Range Plus trim has been the cheapest way to get into a Tesla. Now that trim is simply the base Model 3, and its price has gone up once again to celebrate.

Image for article titled The Tesla Model 3 Now Costs $8,000 More Than It Did In February

The Model 3, before options and incentives, now starts at $44,990. That’s a 22% increase over the car’s pricing this past April, and a full $10,000 more than its promised base price at launch. To try and balance things out, Tesla did make silver paint a no-cost option — but, at the same time, increased the cost of a black exterior.

While the base Model 3's price bump is the largest by percentage, each trim level was raised by the same amount for November. Buyers of the Base, Long Range, and Performance models can all expect to spend an extra $1,000 to make their purchases. The Long Range now starts at $50,990, and the Performance costs a whopping $58,990.

The press photo has two iPhones because the Model 3 will now cost you one 13 Pro more

The Model 3 isn’t alone in its price hikes, though. Both versions of the Model Y have similarly gained $1,000 in MSRP. The Long Range will now run you $57,990, and the Performance will set buyers back $62,990. Like the Model 3, silver exteriors can now be had free of charge, but a blacked-out body costs an additional $1,500.

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