Tesla Hikes Price of New Model 3 Performance

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Tesla Model 3 Performance (Credits: Mashable)

Just got your heart set on Tesla’s super-charged new Model 3 Performance. Hold on a sec! Tesla just announced a surprise price increase of $1,000 on this hot new car.

This souped-up Model 3 boasts some serious upgrades, including a faster acceleration (0-60 in 2.9 seconds!), improved handling, and a more powerful rear drive unit. It even got positive reviews from car experts!

Tesla Model 3 Performance hits 60 MPH (Credits: Motor1.com)

Here’s the twist: despite the price hike, the Model 3 Performance might still be a good deal if you qualify for the US federal EV tax credit. This credit can actually make the Performance model cheaper than the slightly less powerful Long-Range Model 3.

However, it’s important to consider leasing options too. Even with the tax credit, leasing the Performance model is more expensive per month than leasing the other trims.

To ease the sting of the price, increase a little, Tesla did reduce the cost of some color and interior options on the Model 3 Performance. So, you might be able to save a bit on customizing your car.


By Annie Linardos

I'm a journalist student and completed my masters in Journalism and Mass Communication. With a strong track record as an intern at Mathrubhumi News and The New Indian Express as a reporter and content writer, I'm creative, motivated, and have a keen eye for the truth and attempting to use the expertise and talents to contribute to the emerging field of journalism. I have also been working as a freelance writer and have the capability of producing interesting and bold articles.

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