Tesla (TSLA) raises prices for Model 3 and Y again

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You’re here (TSLA) once again raised prices for Models 3 and Y in an overnight update to its online configurator.

This is the seventh price increase of the year.

While Tesla often changes prices for its vehicle lineup, this has been a particularly busy year when it comes to price changes.

In February, Tesla made several price changes for the mostly downward Model 3 and Y models again in early March, and then increased the Model 3 prices in late March.

In April, the automaker again raised prices for the Model 3 and Y lineup, followed by another increase in late April and another in early May.

Tesla last month focused on the Model Y, which received two consecutive price increases.

Now Tesla is raising the prices of two popular versions of the Model 3 and the Model Y.

Tesla Model Y Price

Tesla left the Model 3 alone for a little while, but the Model Y got a $ 1,000 raise last month after several previous incremental $ 500 increases.

Now Tesla is raising the price of the Model Y Long Range Dual Motor by an additional $ 1,000:

In the US, the Model Y now starts at $ 54,000, $ 4,000 more than a few months ago.

The Y Performance model remains priced the same at $ 61,000.

Tesla Model 3 price

As mentioned before, the Model 3 has had a little hiatus over the past month on the price increase front, but it’s not sure this time around.

But as with the Y model, only the Tesla Model 3 long range AWD version was affected this time.

Here are all the prices of the different versions of the Model 3:

  • Tesla Model 3 Standard Range Plus: the price stayed the same at $ 39,990
  • Tesla Model 3 Long Range AWD: price dropped from $ 48,990 to $ 49,990
  • Tesla Model 3 Performance: the price remained the same at $ 56,990

The popular version of the Model 3 is now starting to $ 49,990 or $ 3,500 more than it was earlier this year.

The delivery time for new orders is also indicated from 10 to 16 weeks.

Earlier this year, CEO Elon Musk blamed some of the previous price increases on supply chain issues, including the global chip shortage.

It’s not clear if that’s still the case with this new price increase, which is larger than the previous $ 500 incremental increases.

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