$5,000 Cheaper Than the Model Y: The Star of the USA?
This page is translated from the original post "5000 $ moins chère que la Model Y, la Model 3 star des USA ?" in French.
- 10/01/2024 11:04
Tesla makes an extremely aggressive pricing strategy choice in the United States for the launch of its updated electric sedan.
2024 will be a pivotal year for Tesla as it faces increasingly tough competition each day. In the United States, however, its dominance remains overwhelming, allowing the Californian manufacturer to set prices as it pleases. Price fluctuations are typical, as car buying in the U.S. is treated like any other consumer good, with ongoing promotions and price variations.
Thus, the launch of the redesigned Model 3 in the U.S. is an opportunity for a new comparison with the SUV Model Y. Listed as a rear-wheel drive at a price of $38,990 before taxes (35,600 euros excluding VAT), the Model 3 is therefore very competitive against the Model Y. The latter starts at $43,990 before taxes (40,200 euros before VAT). That’s a $5,000 gap, even though this new vehicle is significantly better than the lifted version.
The Model Y is essentially a raised Model 3 (with some differences, despite everything), making such a price gap surprising. Unless Tesla resigns in the coming weeks to adjust the price of the Model Y. Especially since its 2024 range has been significantly reduced to 260 miles (418 km) compared to 272 miles (437 km) for the Model 3.
WHY IS THE RANGE OF THE TESLA MODEL 3 SO LOW IN THE USA?
The gap narrows between the Long Range versions of both models, at $45,990 for the sedan and $48,990 for the SUV. But the same limitation applies to their range: 585 km for the Model 3 versus 498 km for the Model Y.
Tesla’s desire not to miss the launch of the Model 3 Highland is clear.
READ ALSO: Tesla Model 3 Highland finally available in the United States
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