Tesla Model 3 Performance Receives Additional $1,000 Price Increase

Summary

– The 2024 Tesla Model 3 Performance is getting more expensive, now starting at $54,990
– Despite the price increase, it still qualifies for the $7,500 federal tax credit
– Tesla noted strong demand for the Model 3 Performance, leading to the price hikes
– The $55,000 price cap for the tax credit means there is limited room for further price increases
– Tesla is adjusting prices of popular options to avoid exceeding the tax credit price cap, such as offering free interior options

Article

The new 2024 Tesla Model 3 Performance is now priced at $54,990, with an additional $1,640 in fees. This marks a $2,000 increase from its initial price, indicating strong market demand. However, the price is now at the maximum limit for qualifying for the $7,500 federal tax credit. Tesla has made adjustments to popular options such as free Black and White interior options to avoid exceeding the price cap. Additionally, the Model 3 RWD and Long Range AWD now have a $2,000 cost for the Black and White interior option.

Tesla’s decision to raise the price of the Model 3 Performance suggests that there is high demand for the vehicle. Estimated delivery times have been pushed back to July 2024, compared to June 2024 for other models that do not qualify for the tax credit. The Model 3 Performance is now at the price cap for the $7,500 federal tax credit, which may impact future sales. Despite the price increase, Tesla continues to offer popular options for free or at an increased cost to maintain compliance with the tax credit regulations.

The Model 3 Performance is now positioned as a premium electric vehicle with a starting price of $54,990. This price increase comes on the heels of strong demand and the need to stay within the $55,000 limit for the federal tax credit. The interior options for the Model 3 Performance have also been adjusted to balance luxury features with affordability. Customers can expect a delivery time of July 2024 for the Model 3 Performance, indicating high demand for this particular model.

Tesla’s pricing strategy for the Model 3 Performance reflects the company’s efforts to maximize sales while remaining eligible for the federal tax credit. By adjusting the pricing of popular options and increasing the overall cost of the vehicle, Tesla aims to capitalize on the strong demand for electric vehicles in the market. Despite the price hikes, customers can still take advantage of the $7,500 federal tax credit when purchasing the Model 3 Performance. With estimated delivery times pushed back to July 2024, customers may need to act quickly to secure this popular model.

In conclusion, the 2024 Tesla Model 3 Performance has seen price increases, bringing it closer to the $55,000 limit for the federal tax credit. With strong demand and estimated delivery times of July 2024, this model remains a sought-after option for those looking for a premium electric vehicle. By adjusting pricing and options, Tesla continues to meet customer demand while adhering to regulatory requirements. Customers interested in the Model 3 Performance should consider placing an order soon to take advantage of the federal tax credit before the model potentially becomes ineligible.

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