Tesla messes with Model 3, Y pricing — again.
Tesla messes with Model 3, Y pricing — again
Not even two months since Tesla made price changes to its lineup of electric cars, the EV company has bumped up the prices for its two "cheapest" cars yet again.
The Model 3 and Model Y used to start at $37,490 and $46,490, respectively, as recently as Thursday. As CNET spotted Friday, that base price just jumped to $39,490 for the Model 3. A $5,000 increase for the Model Y now puts it at $51,490 for its lowest price.
This is the fourth time in 2021 that Tesla has increased prices for its cars, according to EV news site Electrek.
The fluctuating prices for the two more affordable Teslas come the day before Tesla CEO Elon Musk is slated to host Saturday Night Live. Sketches about Musk's electric vehicles seem likely and should attract visitors to Tesla's website. At the same time, there are semi-conductor shortages plaguing the car industry, which could also be contributing to the higher prices. But other EVs like the Chevy Bolt and Volkswagen ID.4 are dropping prices for upcoming models, not jacking up the starting price.
The most expensive Tesla is the Model S with the Plaid+ configuration for nearly $150,000, which wasn't affected by the latest price changes.
This EV sales growth chart tracking U.S. purchases since 2011 shows how the Tesla Model 3 has become the most popular electric vehicle on the market in recent years. The Model Y has also gained traction in the short time since its early 2020 debut, with more than 100,000 cars sold. It's popular because of its lower price for a compact electric SUV.
SEE ALSO: Tesla has unleashed Full Self-Driving mode on city streets way too soon
When the Model 3 first came out, Musk proudly boasted that it would be the first Tesla available for $35,000. That was short-lived.
Tesla no longer qualifies for federal tax credits, but there are some local incentive programs that could help lower the cost. The cheapest Tesla is now a Model 3 for $39,490, which gets you 263 miles of electric battery range.
Well, that's the price today.
.webp)
they buy suspension somewhere ;D like many else
ReplyDeleteI don't understand car prices, is that cheap or expensive for a electric car?
ReplyDeleteI'll buy one with Dogecoin first :っ)
ReplyDeleteWell gas is up. Now is the time to raise the price people had plenty of time to buy.
ReplyDeleteSo much for a $35,000 electric car.
ReplyDeleteWelp
ReplyDelete"The fluctuating prices for the two more affordable Teslas come the day before Tesla CEO Elon Musk is slated to host Saturday Night Live. Sketches about Musk's electric vehicles seem likely and should attract visitors to Tesla's website."
ReplyDeleteUltimately I don’t think there will be a $25k Tesla. Sedans will just grow into the Model 3’s current price range with inflation.
ReplyDeleteReality won't stop Tesla fans from claiming the Model Y costs $40K.
ReplyDeleteThere seems to be many factors in play. You can buy a Tesla with a click from your phone so there's no middleman dealership to adjust the price base on market conditions. Also with new printing of money, were seeing inflation of many goods that go into cars. There's also chip shortage and recent report that Tesla is sold out for Q2 with largest order flow in their history in April.
ReplyDeleteSo, where are those who thought the Tesla was doomed? Tesla’s world audience means that Tesla is sold at capacity. Time to raise the price for a while while the metal is hot. The price of the 3 and Y will come down eventually as Berlin and Texas get up to speed.
ReplyDeleteWhy changing the price every two months? Up and down and up and down...
ReplyDeleteTo keep the order book at a reasonable size.
DeleteOEMs do it too but dealerships use MSRP which is inflated and then buyers are forced to try to haggle with them.
DeleteICE dealers change the price every two hours...
DeleteDo they still sell newspapers where you live? Pick up one, find the dealer ads. Notice that every week they have. sale.
DeleteNow go to your local grocery store and notice their weekly ad.
Finally, go look for a home to buy, notice the prices change
Welcome to the real world
Due to Elon Bitcoin rate fluctuation :)
DeleteThat's literally economics 101, day 1. Supply/demand.
ReplyDeleteThey certainly have a supply/demand problem. I looked last night at Model 3 and Y inventory in Colorado. There isn’t a single new car in the state and only one used Model 3. That car was a 2019 AWD with aero wheels for $57,000. Yes, that is correct, a used Model 3 for $10,000 over the retail price of a new Model 3. The other funny thing was that about the only model you can find is the X. I find it interesting that in a world where GM can find plenty of customers for Tahoes and Suburbans, the largest EV/SUV does sell well is kind of surprising.
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