Tesla
Tesla has raised the prices of its Model 3 and Model Y by $1,000 in the last day, something we’ve seen over and over again over the past few years. And while Tesla cars used to be hard to call “affordable,” after all these price hikes, they’ve certainly become unaffordable.
Electric vehicle maker Rivian came under fire earlier this month for raising the price of its R1T electric truck by more than $10,000 since its debut, but the company quickly changed its mind. Of course, Tesla isn’t the only one raising prices as supply restrictions and other issues continue to affect everyone, but the difference lies in Tesla’s slowness.
If you’ve noticed, Tesla has done the same with the Model 3 and Model Y over the past 18 months or so. But instead of one big price spike, we’re seeing the company slowly increase the price by $1,000 or $2,000 every few months, making the cars much more expensive than many expected.
Tesla
While configurations and options keep changing, making it hard to keep track of prices completely, here’s where things stand. The Model Y initially hit the streets with the base model, which was offered for $47,000. To date, however, the most affordable Tesla Model Y will cost customers $59,990. Two days ago, the same car cost $58,990, and just 4-5 months ago, a Model Y SUV cost only $54,990.
Tesla no longer offers the Model Y as standard, making the price difference seem even more significant. However, the Model Y Long Range first debuted at $51,000 and is now $59,990. That’s almost 15% more, oh.
Sadly, we’re seeing the same price hike today for what many expected to be Tesla’s first truly affordable electric vehicle, the Model 3.
Tesla has raised the price of the Model 3 so many times in 2021 that we’ve lost count, and that increase will continue here in 2022 due to several different factors. Luckily, Tesla didn’t touch the base price of the Model 3 today, but both Model 3 Long Range and Performance versions received a $1,000 price increase.
The Model 3 is in the same situation as the Model Y SUV, and on March 9, 2022, the price went up from $50,990 to $51,990. The same car cost just $48,000 in 2021. By comparison, the base Model 3 first cost $35,000 and now costs $44,990.
Again, this is not necessarily Tesla’s fault. We’re just pointing out that the affordable Tesla promise simply doesn’t exist anymore and died a while ago. Also, it looks like delivery dates are being pushed back too. One Reddit user claims that his Model Y Long Range order has gone up in price four times since September, with the delivery date delayed twice, and is now expected to not arrive until April or May.
via reddit