Tesla is announcing via an update in its configurator the price cuts for both the Model 3 and Model Y in its three flavors: rear-wheel drive, all-wheel drive, and performance. This is in line with the aggressive sales strategy that the company is adopting in different regions, as well as, in the words of the company, “the normalization of inflation of some costs.” This allows you to pass it to the client.
Tesla also attributed this price drop to increased local car production, simplified logistics, and, in some cases, avoided import duties between continents. They concern, in particular, local production at the new Gigafactory in Berlin. Model Y great autonomy and performance.
In addition, Tesla explained that the increase in economies of scale is another additional reason that contributes to such a decrease in the final price of the car. Therefore, the decrease is also reflected in model 3 D Model Y rear-wheel drive, which are sold in Europe, but are manufactured at the Gigafactory in Shanghai.
New prices for Tesla Model Y and Model 3 in Spain
The move means a significant price reduction for the rear-wheel drive (base) versions of both models. Tesla Model Y changes its price from 51,200 euros to 44,990 euros, and Tesla Model 3 from 51,990 euros to 44,990 euros.
But without a doubt, where there is more influence is in the descent Model Y with great autonomy, which is between 65,990 and 53,400 euros. The Tesla Model 3 with long autonomy costs between 57,990 euros and 52,400 euros, that is, it practically reduces the significant price increase of almost 12,000 euros that we saw in the first quarter of 2022 and which was not taken into account at that time. market.MOVES III plan. Now this model is returning to the prices we saw in 2021.
Finally, Model Y performance has a decrease of 6,010 euros, from 70,000 euros to 59,990 euros. Meanwhile he Model 3 performance experience a price reduction of 5,000 euros.
The new prices for all models are as follows:
| Vehicle | rear drive | Excellent autonomy | spectacle |
|---|---|---|---|
| Model Y | 48 200 euros | 53 400 euros | 63 990 euros |
| model 3 | 46,200 euros | 52 400 euros | 59 990 euros |
The company also announces that a new color is being offered for the Model 3 and Model Y at no additional cost. In addition to multi-coated pearl white, solid black can now be selected without increasing the value of the vehicle.
So Tesla reflects in Europe some of the discounts we’ve seen recently on the Model 3 and Model Y in Asia. For example, in China, the company has reduced the price of its cars to the equivalent of $7,000.
Source: Hiper Textual
