This is the sixth time Tesla is slashing its prices (with the occasional hike inbetween) – this time it’s the Model 3 and Model Y. Back in January, the company started the so-called price war with drastically slashing prices of all its vehicles.
According to the US website, the RWD variant of the Model 3 is now selling for $39,990, which is $1,000 down from its original price. The LR and Performance iterations of Model Y both cost $3,000 less.
A friendly reminder that the Model 3 is no longer eligible for a full tax credit in the US after the government updated the EV tax credit rules. Vehicles using components from “countries of concern” don’t get the full tax credit and since the Model 3 uses Chinese-made batteries, the government will give you only $3,750 back.
