Latest in Gear

Image credit:

Tesla raises the price of its most affordable Model 3

It'll take $1,000 more to own the EV.
Jon Fingas, @jonfingas
October 24, 2018
Share
Tweet
Share

Sponsored Links

Roberto Baldwin/Engadget

That slightly more affordable Model 3 is no longer quite as much of a deal as it was just days ago. Tesla has raised the price of the EV with rear-wheel drive and the Mid Range battery by $1,000, bringing the sticker to $46,000. The company didn't explain the move in a statement to Electrek, but it did say it "will honor" the original pricing for anyone whose order is in progress. This might not be a deal breaker in the price category, but it may come as an unwelcome surprise.

There is an upshot to this, however: it might cost you less if you're inclined to splurge. Tesla has lowered the price of the AWD Long Range configuration by a similar amount to $53,000. Whether or not component costs play a factor in the price changes, Tesla appears to be aiming for an upsell -- it's now that much more tempting to spend extra for a more powerful Model 3.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

LG's rollable OLED TV goes on sale for $87,000

LG's rollable OLED TV goes on sale for $87,000

View
Intel sells its NAND flash memory business to SK Hynix for $9 billion

Intel sells its NAND flash memory business to SK Hynix for $9 billion

View
New trailer for 'The Mandalorian' season two brings back most of our old friends

New trailer for 'The Mandalorian' season two brings back most of our old friends

View
Can Evernote make a comeback?

Can Evernote make a comeback?

View
The SSC Tuatara has broken 330 mph and shattered a world speed record

The SSC Tuatara has broken 330 mph and shattered a world speed record

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr