Tesla has cut the prices of the base versions of its Model 3 and Model Y electric cars, with drops of $ 1,000 and $ 2,000, respectively.

Tesla has lowered the price of the base models of its Model 3 and Model Y electric cars. While the price drops aren’t huge, they still lower the entry price for those who want to own a Tesla, with the two models being the most affordable to buy. Tesla offers. The prices of the Long Range versions of the two models have remained the same, but the prices of the Performance versions have increased. For those who have their eyes on a Model S or Model X, the prices of all the variants remain intact.

The Model 3 launched in 2017 and is the car Tesla always wanted to build, bringing, as it does, an affordable (ish) electric car to the mass market. Its base model, the Standard Range Plus, with the discontinued Standard Range variant, will accelerate from 0 to 60 mph in 5.3 seconds, reach a top speed of 140 mph and give a range of around 263 miles. The Model Y, meanwhile, is Tesla’s entry-level crossover, introduced just last year. Its base model is the standard range variant, which also reaches 60 mph from a standstill in 5.3 seconds, but has a lower top speed than the Model 3 of 135 mph and a lower range of 244 miles.

Related: Will Tesla’s $ 25,000 Electric Vehicle Be Available to Buy in the US?

Tesla’s website shows that Standard Range Plus Model 3 It is now available for $ 36,990 with no potential Tesla savings applied, down to $ 37,990. That’s still not as cheap as the old Standard Range variant, which was available for $ 35,000 last year before it was phased out as an option. However, it is not too far away and moving in the right direction. the Model YIn the meantime, it has seen a greater reduction of $ 2,000 and is now available for $ 39,990 with no potential savings applied.

Tesla Model 3 & Y: how to get them even cheaper

As noted above, there are additional potential savings that can be made on both models, and indeed on the wider Tesla range. Tesla notes that in the US, electric vehicles are eligible for certain financial incentives and benefits that are not available for gasoline cars. These vary by state, but the example given by Tesla shows the maximum possible savings for buyers in California.

There, California’s clean fuel reward of $ 1,500 and additional incentives and savings of $ 6,300 can bring the price of the Standard Range Plus 3 model down to $ 29,190, making it the only Tesla potentially available for less than $ 30,000. With the same reductions applied, the Model Y can be purchased for $ 32,190, not as cheap as the Model 3, of course, but a lot nonetheless. All of this is possible through the Tesla website and buyers in different states and countries should research what savings might be available in their region.

More: Elon Musk Tells Joe Rogan About Plans For A Floating Tesla Roadster

Sources: Model 3, Model Y

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