Tesla adjusts Model 3 Performance pricing for second time since launch

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Tesla increased the price of the Model 3 Performance by $1,000 on Thursday night from $53,990 to $54,990.

Tesla launched the new Model 3 Performance on April 23, listing it at $52,990 and equipping it with a brand new set of specs, including a 163 MPH top speed and a 0-60 MPH acceleration time of just 2.9 seconds.

Just a few days after launching the new Model 3 Performance, Tesla pushed the price upward by $1,000 to $53,990. This was not expected, but Tesla has a knack for adjusting prices on a whim.

This point has been proven once again tonight, as the price went up by $1,000 once again. It is now $54,990. The Model 3 Performance currently qualifies for the $7,500 tax credit, and with Tesla’s estimated $5,000 in gas savings over five years, the company’s projected price is $42,490:

Along with the increase on the Model 3 Performance, Tesla also changed several other things, including the price of several interior options.

Interior Option Price Changes

Tesla increased the price of the following interior options for the Model 3:

  • White Interior for Model 3 Rear-Wheel-Drive – $500 more to $2,000
  • White Interior for Model 3 Long Range – $500 more to $2,000

Tesla also decreased the price of the White Interior on the Model 3 Performance, and it will cost no extra for this.

This is likely so it will still qualify for the tax credit, but buyers will have their choice of interior color.

Tesla Pricing Increase Strategy

Tesla pushes prices up on EVs to strengthen its gross margins, which were some of the best in the automotive industry a short time ago. This was a main concern for investors last year as Tesla slashed prices to push demand upward, as it pressured margins.

However, Tesla has to be careful with this move, as lower prices can hurt investors and the stock price. With that being said, affordability is the main concern, and bringing EVs to a price point that the average car buyer can afford is most important.

It is important to note that this may be the final price increase Tesla applies to the Model 3 Performance as it falls just under the $55,000 threshold that qualifies it for the EV tax credit.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Tesla Model 3 Performance price goes up $1,000





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Tesla Giga Berlin Treehouse protesters permitted to stay

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Tesla Giga Berlin’s treehouse protesters camp have been permitted to stay by the Berlin-Brandenburg Higher Administrative Court. 

On Thursday, May 16, the Brandenburg police filed a complaint about the treehouse camp protesting against Tesla Giga Berlin’s expansion. 

Earlier this year, the local police requested a strict ban on entering the buildings throughout the camp. In response to the Brandenburg police’s claim, the Tesla Giga Berlin treehouse protesters filed for an application with the Postdam Administrative Court. 

In March, the Postdam Administrative Court ruled that the Brandenburg police’s requirements did not consider the fundamental right of freedom of assembly “to the necessary extent. After the Postdam Administrative Court released its decision, the Brandenburg police filed a complaint with the OVG Berlin-Brandenburg. 

The Berlin-Brandenburg Higher Administrative Court (OVG) rejected the complaint and ruled in favor of the Tesla treehouse protesters camp. It stated that the Brandenburg police “did not sufficiently substantiate” security concerns. The OVG’s decision can not be appealed. 

The Tesla Giga Berlin treehouse protest was initially supposed to last until May 20, 2024. A spokesperson from the “Stop Tesla” initiative announced that the treehouse protest’s occupation will be extended.

If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101. 

Tesla Giga Berlin Treehouse protesters permitted to stay





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Elon Musk reveals date Tesla Cybertruck will get Full Self-Driving

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Elon Musk has revealed when the Tesla Cybertruck will get Full Self-Driving.

As the Cybertruck has been out for about six months now, one major feature is yet to be rolled out on the all-electric pickup: Tesla’s Full Self-Driving suite.

There are many questions to be answered about the Full Self-Driving suite and the Cybertruck. It has not been equipped with the driver assistance feature due to several reasons, likely the steer-by-wire system and the camera positioning, which are vastly different from the other vehicles in Tesla’s lineup.

However, Tesla seems ready to roll out Full Self-Driving on the Cybertruck based on comments from Musk. Last night, Musk said that the automaker will begin rolling out the suite on the all-electric pickup “in late June.”

Musk initially stated that the next Full Self-Driving release, version 12.4, will be released internally this weekend and will make its way to a limited number of beta testers outside of the company next week. He said it will have major improvements, and interventions will be needed at a “5x to 10x improvement” from the current version:

“Btw, 12.4 goes to internal release this weekend and limited external beta next week. Roughly 5X to 10X improvement in miles per intervention vs 12.3.”

Cybertruck will not receive this release; it will receive the next version, which is 12.5. Musk said:

“12.5 will be out in late June. Will also see a major improvement in mpi and is single stack – no more implicit stack on highways.”

He then confirmed in another post on X that Cybertruck will get Full Self-Driving with the 12.5 release.

Full Self-Driving’s release on the Cybertruck will be a major test for the automaker as it will be the first rollout on this type of vehicle. This presents an interesting challenge, but it is likely something Tesla will navigate through in time. As Tesla could potentially expand into other vehicle types in the future, this will be the first test of this nature.

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Elon Musk reveals date Tesla Cybertruck will get Full Self-Driving





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