Not to be outdone, the Model 3 has also seen price reductions. The Model 3 Rear-Wheel Drive (RWD) and Long Range versions have both had $1,250 taken off their prices, while the Performance model now offers a compelling $2,250 discount compared to its original price.
This means that prospective buyers can now join the Tesla club for as little as $38,990 for the RWD version of the Model 3. When considering state, local, or regional tax credits and the $7,500 federal credit available to potential electric vehicle (EV) buyers, it’s possible that some customers could acquire a Model 3 for under $30,000.