Tesla has increased the price of the Model 3 in the U.S., yet again.
The Model 3 Long Range saw a tiny price bump of $500, increasing from $46,990 to $47,490. This is the second price increase in February alone for the Model 3 Long Range. On February 4, Tesla increased the price by $1,000 for this version of the Model 3.
It’s clear a price increase means Tesla is seeing demand, as the upgraded Model 3 has new features over its predecessor including design changes, interior upgrades such as LED lighting and ventilated seats, new steering wheel, rear display, and more.
Tesla’s Model 3 does not qualify for the $7,500 federal tax rebate anymore, unlike all trims of the Model Y and Model X Dual Motor. If and when Tesla brings back a Model 3 Performance, the latter will qualify.
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