Tesla increases prices of Model 3 & Y

If you have been saving up to be a Tesla, you might need to save some money because the cheapest Tesla car now goes for $39,500.

Tesla’s cars

Electric automobile company, Tesla, increased the prices on some of its cars and many have said that the price increment was probably triggered by a demand surge for the cars as this is the fourth price increment that the company has made within the space of two months.

The old and new prices of all of Tesla’s Model 3 cars are:

• Tesla Model 3 Standard Range Plus was $38,990 but is now $39,490.
• Tesla Model 3 Long Range AWD was $47,990 but is now $48,490.
• Tesla Model 3 Performance retained its price at $56,990.

Model Y prices have also steadily been going up over the past few months.

The latest change again increases the price of the Model Y Long Range AWD by $500.

The old and new prices of all of Tesla’s Model Y cars are:

• Tesla Model Y Long Range AWD was $50,990 but is now $51,490.
• Tesla Model Y Performance retained its price at $60,990.