Summary
- Model 3 Standard Range used cheaper lithium iron phosphate cells from China
- Biden administration’s decision to raise tariffs may impact import costs for these cells
- Standard Range model was closest to the $35,000 target price before incentives
- RWD Long Range model costs $3,500 more than Standard Range, with estimated 363 miles of range
- Tesla has been accused of inflating its range estimates
Article
The Model 3 Standard Range, which had a 272-mile range on a full charge using cheaper lithium iron phosphate (LFP) cells from China, may see an increase in import costs due to the Biden administration’s decision to raise tariffs on Chinese batteries, semiconductors, and critical minerals. This model was the only one that came close to the long-promised $35,000 Model 3 before incentives were factored in.
The Tesla Model 3 RWD Long Range costs $3,500 more than the discontinued Standard Range model. Despite the price difference, the Long Range model offers an estimated 363 miles of range on a full charge. However, there have been allegations that Tesla may be inflating its range estimates, which could affect the perceived value of this option.
It is important to note that unchecking the estimated incentives box when viewing pricing for Tesla vehicles will provide a more accurate representation of the real costs. This can be significant for consumers who are considering purchasing a Tesla Model 3 and want to understand the true costs involved without any potential incentives or discounts factored in.
The increase in tariffs on Chinese batteries, semiconductors, and critical minerals by the Biden administration could impact the pricing of Tesla vehicles that use components sourced from China. This could lead to higher costs for consumers who are interested in purchasing a Tesla Model 3 or other Tesla vehicles that rely on these imported components.
Despite the potential impact of increased tariffs on Tesla vehicles, the Long Range option for the Model 3 may offer a greater range of 363 miles on a full charge, compared to the Standard Range model’s 272 miles. This could be a compelling factor for consumers who prioritize longer driving range and are willing to pay a higher price for this feature.
In conclusion, understanding the pricing of Tesla vehicles, such as the Model 3, without any estimated incentives factored in can provide consumers with a clearer picture of the real costs involved. With potential changes in tariffs on Chinese components, it is important for consumers to consider how these factors may impact the pricing and availability of Tesla vehicles in the future. Ultimately, consumers should weigh the range, features, and affordability of Tesla vehicles to make an informed decision on whether to purchase a Model 3 or another Tesla model.
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