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Tesla drops Model Y and Model 3 pricing, closing price gap with gas


Tesla has announced a series of price cuts, including a $3,000 reduction in the cost of Model Y vehicles and a 4.7% cut in the price of Model 3. The move comes after the company narrowly missed Wall Street expectations in the first quarter of 2023, with gross margins dropping significantly year-over-year. You might also like

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81 Comments Tesla is shutting down buyers in China who are protesting after missing out on significant price drops in the country. The company stated that it will not compensate them. Last.

Here’s How Much a Tesla Costs After the Recent Price Cuts


How much did Tesla prices drop? Tesla's Model S dropped 5% to $89,990, while its Model X dropped 9% to $99,990, according to the company's website.

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The Model Y Long Range's new base price -- which is valid through March 31 -- is $53,490, down $13,950 from the original price, according to the Tesla website. Davis therefore estimates that.

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The latest move sees the starting prices of the 2023 Model S and '23 Model X drop by roughly $5000 and $10,000, respectively.. There are currently no reports of Tesla offering refunds following.

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On January 13, Tesla announced price reductions of between 6% and 20% for the Model 3 sedan and the Model Y SUV in the US, according to calculations from Reuters. Tesla had already reduced.

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6:00 Marianne Simmons, a self-professed "Tesla fan girl," bought her second electric vehicle from the company in September: a white, high-performance Model Y ringing in at more than $77,000. Then.

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Tesla has cut prices on these cars by 15 to 19 percent, depending on the model and trim. This price drop is not just for American consumers, as similar discounts have appeared throughout the globe.

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Tesla cut the price for a Model Y by £7,000 to about £45,000, or $55,000; while an entry-level Model 3 is now £8,100 cheaper at about £43,000, or $52,600, the Evening Standard reported.

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CEO Elon Musk frequently touts Tesla's refund and return policy when encouraging people to buy his company's electric vehicles.. He also saw that Tesla had dropped the purchase price of the.

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Tesla has massively cut prices across new models in the US (update: and Europe), with the largest price drop occurring on the Model Y, which is now $13K and 20% cheaper than it was yesterday.

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The Tesla Model Y and Model 3, California's #1 and #2 best-selling vehicles, are once again eligible for California's $2,000 electric car rebate after steep price drops last month which bring.

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Now, it once again slashed prices, following the Biden administration's new guidance on which electric vehicles (EVs) are eligible for tax credits. Tesla cut $5,000 off both the Model S and.

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#1 So when I placed my order for my LR AWD MY pearl white/black interior/geminis in late June, I was content with paying the $52,990 + tax and fees for the car. The form told me I had a 4-6 week wait ahead of me, so I settled in and didn't think about it. About 10 days later, I got a VIN and was told my car would be ready in 2 days on July 7.

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Owners have also grumbled about a decline in the value of used Tesla vehicles, prices of which plunged 17% from a peak of $67,297 in July to $55,754 in November, according to a recent Reuters.

Tesla cuts prices across lineup, Model 3 now starts at 37,990 Electrek


Tesla dropped the starting prices for its two top-selling models overnight, the company's fourth price U.S. price cut this year. The company lopped $3,000, or about 6%, off the starting prices for all three versions of the Model Y small SUV, Tesla's top-seller. It also cut $2,000, or about 5%, from the starting price of a version of the Model 3 small sedan. Tesla could have cut the Model 3.