As autumn leaves drop in the US, so do the prices of Tesla’s Model 3 and Model Y. Tesla’s response to missing its delivery target in Q3 it to discount its two most sought-after models in its home market.
The Model 3 now flaunts a starting price of £31,580 for its Rear-Wheel Drive (RWD) variant – a drop from its earlier price of £32,590. Those itching for the extra zest of the Model 3 Long Range can now secure it for £37,250, down from its initial £38,260 tag. The Model 3 Performance now stands at £41,300, while it previously called for £43,120.
The Model Y Long Range, so far priced at £40,900, now starts at a lower £39,280. Meanwhile, the Model Y Performance underwent a price revision from £44,140 to a slightly more affordable £42,520.
Still, the Model Y RWD only appeared three days ago, so it sticks with its price of £35,630.
Both models qualify for the Inflation Reduction Act’s £6,100 federal tax credit. And when you factor in state-specific incentives like those in Colorado, the price can drop even further.
The Model 3 got a new version in international markets, but the revamped “Highland” Model 3 won’t grace the US shores until the following year, so these price adjustments may be Tesla’s way of enticing potential customers who are otherwise inclined to postpone their purchase.