Tesla Increases Prices Once Again, This Time On Model 3 Cars With Nickel Batteries

Tesla has once again increased the price of some of its cars, making it the third time in a month that it has done so. This time, however, the price increase only applies to specific Model 3 vehicles.

As noted by Electrek, Tesla has increased the price of the Model 3 cars that ship with nickel-based batteries inside.

That means that the Model 3 Long Range now costs $55,990, an increase on the previous price of $54,490 — a $1,500 price hike. The Model 3 Performance also sees an increase, although this time only by $1000 — the car now costs $62,990.

Those shopping at the bottom of the range will not see a price jump because the Model 3 Rear-Wheel Drive still sells for the same $46,990.

It’s thought that the price hikes are because the price of nickel has increased more than 60% since the turn of the year and Tesla is passing that additional cost onto the market.

That of course isn’t great news for those who are planning on making a purchase of one of the cars that just saw a price increase, but the Model 3 is one of the few Tesla cars that you can order today and still take delivery of in a reasonable amount of time. If you need a Tesla relatively soon, this is the car to get — price hike or not.

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