The starting price for the Model 3 is listed at $38,990 on Tesla's website, down from $40,240 previously.

Tesla cut the price of some Model 3 and Model Y versions in the U.S. after the company reported third-quarter deliveries that missed market expectations.

The starting price for the Model 3 is listed at $38,990 on Tesla’s website, down from $40,240 previously. The long range Model 3 fell from $47,240 to $45,990. And the Model 3 Performance fell to $50,990 from $53,240.

Tesla’s Model Y Performance sports utility vehicle now starts at $52,490, down from a previous price of $54,490.

Beginning at the end of last year, Tesla began cutting the prices of its cars across the world in a bid to stoke demand amid concerns over slowing consumer spending in markets like the U.S. and China and as competition in the electric vehicle space ramped up.

  • Dojan@lemmy.worldEnglish
    42·
    1 year ago

    It’s falling because the cars are garbage. Slightly cutting the prices doesn’t make them any less garbage. You could get an EV from a reputable brand for much less.

    • Rusticus@lemmy.worldEnglish
      18·
      1 year ago

      Please list the cars available “for much less” with equivalent range. We’ll wait.

        • Jaysyn@kbin.social
          17·
          1 year ago

          That is an odd flex considering Tesla is currently being sued for lying about that very thing.

      • guacupado@lemmy.world
        9·
        1 year ago

        Range, performance, and features. I hate Musk as much as the next person, but let’s not act like Teslas aren’t the standard for EVs price-to-performance wise.

      • JJROKCZ@lemmy.worldEnglish
        11·
        1 year ago

        The bolt ev/euv is cheaper and has all the features except an “autopilot”, which is a plus that your car won’t kill you

        • CmdrShepardEnglish
          8·
          1 year ago

          It’s also microsized compared to the Model 3 and most any other EV.

          • JJROKCZ@lemmy.world
            3·
            1 year ago

            They were being discontinued but I got told by someone the other day they got recontinued due to feedback on the cancellation

            • TheScaryDoor@startrek.website
              2·
              1 year ago

              You are correct, Chevy’s messaging has been confusing. The current bolt is ending production this year and a new bolt platform is being developed, with most people expecting a release no sooner than 2025.

    • Kage520@lemmy.world
      11·
      1 year ago

      I don’t know why Lemmy hates Tesla so much. Hate Elon, sure, he’s probably behind the crazy quotas leading to poor build quality and definitely behind overselling FSD, but if it wasn’t for Tesla we would still have no viable EVs. I hope competition makes a good one soon but right now Tesla is the best EV with the best charging network. Lots of people are driving them now.

      • Dojan@lemmy.world
        18·
        1 year ago

        They’re hellishly expensive cars. They harvest data, and if you opt out your car may become useless. They exaggerate the car statistics, like driving range. The build quality is frequently poor, with visible panel gaps (that cheap-arse Dacias don’t even have), rear bumpers that fall off due to rainfall, they are prone to rust, and the FSD despite clearly not being “fully self driving” or even road safe is available as an extra subscription, that people actively pay for and make use of making the roads less safe.

        That’s just the tip of the iceberg as well. Like how replacing the battery costs as much as buying a new car. Or the fact that the already shitty battery life gets even worse when it gets cold, leading to people getting stuck on the motorway in the winter, forcing them to get a taxi and abandon their car.

        Perhaps Tesla started off well back in the late 00s, but Musk’s been doing nothing but bullshit since the moment he got his grubby little hands on the thing. There are awful stories coming from the factories involving racism, frequent injuries (the factory in Germany is laughable, and it’s shocking it hasn’t been shut down), and really worrying things have been said even about the software its running on.

        Then there’s all the weird-ass design decisions, like replacing the steering wheel with a yoke, without adding servo steering meaning it’s just a malshaped steering wheel. They’ve also paved the way for bullshit capacitive touch areas rather than buttons, and tacked actual important functions like turn signals on them.

        If you accidentally caress the fart button and make the bloody thing do lmao memez hilariouz farting, no one gets injured. Miscommunicating your intention in traffic could lead to deaths.

        It’s a bad company, and they’re bad cars.