Tesla Model 3 Long Range Price Increases Again, Matching Model Y

Tesla's recent price adjustments bring the Model 3 Long Range variant's cost in line with the Model Y, reflecting demand and production dynamics.

Tesla has raised the price of the Model 3 Long Range AWD by $500, marking its second increase this month, bringing the total increase to $1,500 since its refresh launch.
The Model 3 Long Range now starts at $47,490, nearly matching the Model Y Long Range's price of $47,990.
Tesla's price adjustments are attributed to demand and production capacity, with the Model Y often becoming cheaper than the Model 3 due to discounts on inventory vehicles.
The Model Y's temporary price cut and eligibility for a $7,500 federal tax credit make it a more attractive option than the Model 3, which does not qualify.
Tesla's strategy of intermittent price adjustments reflects its attempt to balance sales, margins, and production capabilities.