Tesla has again reduced the price of some of its vehicles and configurations in a move that has made the Model 3 and Model Y available for their lowest prices to date.
The news comes after the Model Y Long Range and Model Y Performance both received $2,000 price cuts — a cut that means that the Long Range is available for $48,490 and the Model Y Performance can be picked up for $52,490. Those two models started at $50,490 and $54,490 respectively prior to today’s reductions.
The Model 3 has also seen a similar price reduction with all three variants now reduced. “The Model 3 Rear-wheel drive and Long Range versions both get a $1,250 price cut, and the Performance model is down $2,250 from previous pricing,” Electrek reports.
That means that those specific models now start at $38,990 for the RWD, $45,990 for the LR, and $50,990 for the Performance. Buyers would have handed over $40,240, $47,240, and $53,240 respectively previously.
The result of all of this is that the Model 3 can now be had for less than $30,000 depending on the state you happen to live in and the tax credits that can be had. This means the Model 3 is the cheapest you’ve ever been able to buy a Tesla for — bar one specific EV.
This is the cheapest new Tesla ever, save the questionably briefly available $35K Model 3 – though between inflation and lower tax credit availability at the time, today’s Model 3 is an even better deal than that one would have been.
This is a stark change from the high prices that were being charged to pick up a new Tesla around a year ago and show just how much buying a car back then was probably a bad idea.