Tesla Model 3 Gets A Price Increase

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But there's a good reason why.

Earlier this year, Tesla finally delivered its promise by launching an entry-level $35,000 version of the Model 3. However, it didn't take long for the new entry-level model to be removed from Tesla's online configurator. Instead, you can only buy the Standard Range by phone or visiting a local Tesla dealership. This meant the cheapest Model 3 available to order Tesla's online configurator is the Standard Range Plus model, which has just received a price increase.

It now starts at $39,490, making it $500 more expensive than before. The upside, however, is that the range has increased by 10 miles, meaning the Model 3 Standard Range Plus now delivers a range of 250 miles.

2017-2019 Tesla Model 3 Front View Driving Tesla
2017-2019 Tesla Model 3 Side View Driving Tesla

How Tesla managed to achieve this range increase isn't known, as it could be either a software or hardware upgrade. Traditionally, range increases have been implemented with software updates.

As for other Model 3 variants, the Long Range remains unchanged, starting at $47,990 and offering a 310-mile range. The Model 3 Performance, however, has had a $1,000 price increase to $56,990, despite the range remaining at 310 miles. However, the Model 3 Performance now comes with darker 20-inch gray performance wheels that replace the standard silver wheels that were previously available. It's a shame the lighter wheels are no longer available, but they can still be added to the Long Range variants, however.

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2017-2019 Tesla Model 3 Rear Angle View Tesla
2017-2019 Tesla Model 3 Front View Driving Tesla
2017-2019 Tesla Model 3 Side View Driving Tesla

Performance specs are still identical, meaning the all-wheel-drive Performance variant has a dual-motor setup that enables the electric sedan to hit 0-62 mph in 3.5 seconds before hitting a top speed of 155 mph. It's also worth noting that estimated delivery times for the Model 3 have increased to 6-10 weeks, meaning new customers will have to wait until the end of November at the earliest to drive their new Model 3.

2017-2019 Tesla Model 3 Dashboard Tesla
2017-2019 Tesla Model 3 Front View Driving Tesla

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