Tesla Increases Price of Model 3, Model Y Long Range Versions

Tesla has increased the price of its Model 3 and Model Y, yet again. This time around, the Long Range versions of each vehicle have increased in price by $1,000 USD (via @SawyerMerritt).

Model Y 

  • Long Range: $53,990 USD (+$1000; was $52,990)
  • Performance: $60,990 USD – no change

Model 3

  • Standard Range Plus: $39,990 USD; no change
  • Long Range: $49,990 USD (+$1000; was $48,990)
  • Performance: $56,990 USD – no change

Back on June 25, Tesla increased the price of the Model Y Long Range by $500 USD, so now we’re seeing it increase yet another $1,000 USD. That’s a $1,500 USD increase in less than one month.

The Model Y Long Range was $45,990 USD just back in February, so it has increased by $4,000 USD in six months.

As of writing, the Model Y Long Range doesn’t show an estimated delivery date, but the Performance version is showing 7-11 weeks.

For the Model 3 Long Range, it last increased in price by $500 on May 20. For orders placed today, estimated delivery is showing 7-13 weeks away. Tesla CEO Elon Musk has said this year the prices of parts and other components have increased in price, so naturally, the increased cost is being passed to consumers.

Again, if you’ve been on the fence about ordering a Model 3 or Model Y Long Range, you may want to do so before the next increase, as these hikes have been going up like clockwork for the past few months.