Tesla's Price Shuffles: Model 3 Goes Down, Model Y Goes Up
February 14, 2023Tesla has once again adjusted its prices for the Model 3 and Model Y.
The electric vehicle giant has lowered the price of its entry-level Model 3 sedan by $1,000, while raising the price of the Model Y SUV by $1,000.
This follows a similar price adjustment just a few months ago.
Despite the change, Tesla's Model Y is still more affordable than its Model X SUV.
According to Tesla, the price adjustments are due to "cost fluctuations," which the company has not elaborated on.
Tesla continues to lead the electric vehicle market, despite increasing competition from established automakers and new startups.
The price changes could attract more customers to the Model 3, which remains Tesla's most popular vehicle.
However, some may be deterred by the increased price of the Model Y, which has been in high demand since its launch.
Ultimately, Tesla's price shuffles may have a significant impact on its sales and position in the EV market.
