Tesla last month significantly reduced the cost of all electric cars in its
What is known
At the end of January, Elon Musk's companythe price of the Model Y increased by $500. Now it has become known that the Long Range version has risen in price by another $1,500 and now costs $54,990. Despite the price increase, buyers will be able to purchase an electric car with a $7,500 discount due to a government subsidy (Federal Tax Credit). The Model Y Performance variant now costs $57,990, down from $56,990.
On the other hand, Tesla Model 3 continuesbecome cheaper. In January, its price decreased from $46,990 to $43,990 and from $62,990 to $53,990, depending on the configuration. The Long Range version is not yet available due to high demand. In February, the base version of the Model 3 fell in price by another $500 and now costs $43,490. The price of the Performance modification has not changed.
Federal Tax Credit applies to carsAmerican-made products worth up to $55,000. The subsidy amount is $7,500. In the Tesla range, Model 3 and Model Y meet these criteria as standard.