Tesla hiked the prices of other models, except for the starter model of Model 3, which is the best-selling electric car model worldwide. With the new hike, the prices of the said models of Tesla Model 3 increased by 16 thousand dollars in a period of approximately 5 months.
Electric car giant Tesla had decided to make a serious hike, especially after the world-wide increase in raw material prices due to the Russia-Ukraine war, with the reflection of this on inflation. The company is available in all car models. Increases in the range of 2,000 – 12,500 dollars had signed.
While the starting price of Model 3, Tesla’s most affordable model, increased to $ 46,990 after the hikes, another sad news came today. Tesla has decided to raise the price of Model 3 again. The new hike was made for Model 3’s Performance and Long Range AWD models. The price change for the models in question was as follows:
New increased prices of Tesla Model 3
- Tesla Model 3 Long Range AWD: $54,490 -> $55,990 (+1,500$)
- Tesla Model 3 Performance: $61,990 -> $64,990 (+$3,000)
Although the price of the Rear-Wheel-Drive model, which is the standard starter model of Tesla Model 3, remained constant at 46,990, the new hikes managed to surprise many. Tesla, in the last quarter of 2021 He set the price of the Long Range model, which is the middle model, as 49,990. The Performance model, on the other hand, was $57,990, which is almost the same as the current price of the Long Range.
Tesla CEO Elon Musk explained in a previous statement why prices increased so quickly. Musk says the reason behind price increases is across the auto industry. pressure on the supply chain had stated. Moreover increased demand for raw materials was one of these reasons.
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