The Brand-New Tesla Model 3 Performance Already Got a Price Bump

This will come as no surprise to anyone, but Tesla is yet again changing its prices, though this time it’s on a less-than-week-old vehicle. The Model 3 Performance, which only went on sale last week, has already received a $1,000 price bump, making it $53,990 to start.

That price hike will come as a disappointment to hopeful buyers, but it’s still the only car in the Model 3 line that qualifies for federal tax credits, which can make it less expensive than the Long Range variant in some configurations. Its sub-three-second 0-60 mph time and 510 horsepower also make it an attractive buy from a performance standpoint, and it gets numerous upgrades over the standard car, including more aggressive bodywork, upgraded wheels, and a carbon lip spoiler.

Tesla made some options cheaper while increasing the overall price, as the black paint color and interior color upgrades are $500 less expensive. That said, while the other Model 3 variants lack tax credits for purchases, leasing remains a loophole in the rules that makes their monthly payments much less costly than the Performance.

One of the most significant selling points for Tesla vehicles is its advanced driver assistance tech, though the Full Self-Driving feature has long been a painful upcharge for buyers. It recently got a big price cut to $8,000, down from $15,000 in recent years, but questions remain about its driver monitoring capabilities and ability to prevent crashes.

[Image: Tesla]

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