Big US Tesla Price Reduction Across The Range, Some Models Are 20% Cheaper
Tesla recently announced that it was reducing prices across its range of electric cars in the United States. This is great news for anyone who has been looking to buy a Tesla, as some models’ prices have been reduced by as much as 20%. As electric vehicles continue to gain traction in the US market, this price reduction could represent a significant boost for the industry. In this blog post, we’ll explore the implications of Tesla’s new pricing structure and what it could mean for electric vehicle adoption in the United States.
Tesla’s Price Reduction
Tesla has announced a price reduction of up to $2,000 for its range of electric cars in the United States. The new prices are effective from today.
The cheapest model now on sale is the Tesla Model 3 Standard Range Plus, which starts at $35,400. This is a reduction of $1,000 from the previous price of $36,400.
The Tesla Model S Long Range has also seen a price drop of $2,000 and is now priced at $79,990.
The Tesla Model X Long Range has seen a smaller price reduction of $1,000 and is now priced at $89,990.
These reductions come just a few months after Tesla increased prices by around 3% across its range in October 2018. At that time, the company attributed the rise to “increases in our underlying costs”.
It’s not clear what has caused Tesla to reduce prices so soon after increasing them but it’s likely that competition from other manufacturers such as Jaguar and Audi is putting pressure on the company.
Tesla’s Model 3 and Model Y
Tesla’s Model 3 and Model Y are now more affordable than ever, thanks to a recent price reduction across the range. Some models are even up to % cheaper, making Tesla’s electric cars more accessible to a wider range of customers.
With the price of gasoline and diesel continuing to rise, many drivers are looking for alternative fuel options that are more economical in the long run. Electric cars like the Model 3 and Model Y offer a great solution, as they’re much cheaper to operate and maintain than traditional gas-powered vehicles.
Tesla’s latest price reduction makes their already competitively priced cars even more appealing, especially when compared to other luxury brands. For example, the Model 3 is now priced similarly to the BMW 3 Series and Mercedes-Benz C-Class, despite being significantly better equipped and having longer range.
The reduced prices also make Tesla’s cars more attractive to lease or finance, as the monthly payments will be lower. This is good news for customers who have been waiting for more affordable Tesla cars, as the wait is finally over!
How Much Cheaper are the Tesla Models?
Tesla has reduced the prices of its cars in the US by up to 20%, making them some of the most competitively priced electric vehicles on the market. The Tesla Model 3 Standard Range Plus is now $37,990, while the Long Range Plus is $47,990. The Model S Standard Range Plus is $74,990, and the Long Range Plus is $94,990. Finally, the Model X Standard Range Plus is $79,990, and the Long Range Plus is $99,990. These prices are before any federal or state incentives which can further reduce the cost of ownership.
The price reductions come as Tesla prepares to launch its new Model Y SUV later this year. The Model Y is expected to start at around $40,000, making it one of the most affordable Tesla models yet. With its lower price point and added practicality, the Model Y could be a game-changer for Tesla and help accelerate the shift to electric vehicles.
