April 07, 2023
Tesla Model 3 in the US is now at $34.5k, after rebate, the lowest ever.
Tesla reduced prices In the US, today, again, across all models.
Model 3 RWD ($1000 price cut), Standard range is now $34.5k after a full $7500 rebate which is likely to be cut in half on April 18.
Model 3 Performance is $45.5k after rebate, not expected to lose any of the rebate on April 18.
This will raise the RWD M3 $38k after $3750 rebate.
This is lower than the $35k, a M3 could have been purchased off the menu, with limited features, back in 2020 for a short time.
Model Y ($2k price cut), is now $42.5k for mid-range (4680 batteries), $45.5k for long-range, and $49.5k for performance, all prices after the full rebate.
All Model Y is Qualified for the full $7500 rebate and is not expected to lose any of it on April 18.
Model S ($5k price cut) is now $85k, Plaid is $105k.
Model X ($5k price cut) is now $95k, Plaid is $105k.
Neither Model S nor X is qualified for the $7500 rebate.
What does this mean?
1. Now you could buy an amazing EV for the lowest price ever.
2. This further highlights the problem other EVs have with no Margins to compete successfully.
3. Sure, Tesla Margins will decrease slightly more, not a concern when other companies are existentially threatened.
Tesla is focused on maximizing production and keeping high growth, especially through this macro situation.
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