Tesla Increases Price of Model 3/Y Again; Q2 Cars Reportedly Sold Out Already
Tesla has again increased the price of its Model 3 and Model Y vehicles in the United States. Check out the changes below…
Model 3
- Standard Range Plus: $39,490 USD (+$500; was $38,990)
- Long Range: $48,490 USD (+$500; was $47,990)
- Performance: $56,990 USD – no change
Model Y
- Long Range: $51,490 (+$500; was $50,990)
- Performance: $60,990 USD – no change
Tesla has once again raised prices for Model 3 and Model Y after out of control demand for EVs caused them to sell out in the first month of Q2 pic.twitter.com/xuRuEJrWU2
— Whole Mars Catalog (@WholeMarsBlog) May 7, 2021
Tesla increased these same prices above by $500 USD just two weeks ago.
Back on April 8, we saw prices jump by up to $1,000 on these vehicles.
On March 24, the price of the Model 3 also increased by $500. On March 10, we saw a price increase for the Model Y by $1,000 and Model 3 by $500.
Seems like price increases are happening every two weeks on Thursdays.
Q2 Production Already Sold Out, Report Says
Earlier on Thursday, Electrek reported sources citing Tesla’s second-quarter is already sold out, despite nearly two months left still in the quarter. This information was corroborated by @SawyerMerritt:
I feel I can say this as Electrek already shared some info below. I can confirm what Electrek said is true. Tesla had its largest order flow ever globally in history in April. Deliveries are starting to pile up like crazy. There is 0 inventory. Model S/X demand is insanely high. https://t.co/PRPTBqlYQc
— Sawyer Merritt (@SawyerMerritt) May 7, 2021
New Model S, Model X Estimated Delivery Times Pushed Back
As for Tesla’s new Model S and X refresh, new order delivery times have been pushed back to the fall, and to next year for the Model X (via @SawyerMerritt):
- Long Range S: September – October
- Plaid S: August – September
- Plaid+ S remains Mid-2022
- Long Range X: January – February 2022
- Plaid X: January – February 2022
There appears to be no demand letting up for Tesla as of late. During Q1, Tesla said its Model 3 sedan was the world’s top-selling premium sedan, and noted its Model Y could also become the world’s top-selling car, period.