Tesla Bumps up Pricing on Most Models

Matt Posky
by Matt Posky
tesla bumps up pricing on most models

Tesla quietly increased pricing on several models via its website this week, with the new Reuters noticed the changes on Thursday. Other adjustments include moving the Model 3 Standard Range Plus to $37,490 (up from $36,990) and Model 3 Long Range AWD to $46,490 (from $45,990). The Model Y Long Range also grew $1,000 dearer and now costs $51,190.

Though, before we make any final assessments about Tesla, it should be said that the company constantly fiddles with its pricing. Just a few weeks ago, the electric brand dropped pricing on the Standard and Long Range versions of the Model 3 by $1,000 (presumably to counter the updated Chevrolet Bolt). It also axed the base-level Model Y from the lineup and increased costs of performance variants by about a grand.

Tesla no longer has a public relations department and never issues statements to the media, meaning we’ll be stuck speculating on why it’s rejiggering pricing once again. Perhaps it thinks the new administration will greenlight new subsidies on EVs, needs to account for production costs associated with updates, or believes customers leaning toward specific products will be more/less capable of spending money.

If we’re lucky, we might be able to glean something during the next earnings report. No date for that has been decided, but history suggests early May.

[Image: JL IMAGES/Shutterstock]

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6 of 14 comments
  • Indi500fan Indi500fan on Mar 12, 2021

    Does the S and X go down the same paint line as the 3 and Y? Some of those two year old Model 3s are starting to look like a Vega in Cleveland after two years winter exposure. The S models had good paint in the early low production rate years.

    • See 3 previous
    • Mcs Mcs on Mar 12, 2021

      I think they admitted there were paint issues. Supposedly corrected. Word is not to get a car produced before 1/1/21. If I get time, I'll check my info. The paint was one of my issues for waiting to get a Tesla. They do seem to be recognizing the issues and fixing them.

  • DenverMike DenverMike on Mar 12, 2021

    Explain what? On some models it doesn't even cover inflation for the year.

  • Kwik_Shift Equus paved the way for Genesis luxury
  • SCE to AUX "...memories of those shoddy Excels faded."Not really, since such comments appear in nearly every article about H/K cars.As for this one, who knows... maybe the 2nd owner ran it 40k miles without an oil change and destroyed the engine, then balked at the $10k replacement cost.
  • ToolGuy Last ad: Is that The Dude doing the voiceover at the end? 😉
  • ToolGuy Nice paint!!Too young to die.
  • David S. For a single quarter, only ninth best-selling (estimated?) of 2022. Maybe ICE vehicles would sell at a similar rate if the government paid people to buy them too?!