Tesla Model 3 gets another raise in the U.S. but this time $500

Tesla once again increased the price of the 2024 Model 3 EV in the U.S. and this time it is an addition of $500 on the Long Range version.

The new prices were updated on the official Telsa order page on Tuesday and spotted by enthusiast Saywer Merritt. With this increase, the Tesla Model 3’s purchase price leads to $47,490.

This increase comes within a month of raising the $1000 price for the long-range version to $46,990 from $45,990. The Model 3 rear-wheel drive (RWD) on the other hand stays at $38,990.

2024 Tesla Model 3 Price Details (Credit – Tesla)

The company last month updated Model 3 with new upgrades such as better headlights, improved interior, and other optimizations. However, the 2024 Model 3 is not eligible for Federal Tax Credit unlike its counterpart Tesla Model Y.