Tesla increases price of Model 3 RWD by nearly $10,000 in Germany

Model 3 Germany
Credit: Android PIT

On a day when you shouldn’t believe everything you read online, this story is actually true.

Tesla has raised the price of the Model 3 Rear-Wheel Drive in Germany by nearly $10,000.

According to an update to the Design Studio, the entry-level electric sedan now costs €49,990 ($$69,100 CAD/$55,100 USD), an increase of €7,000 ($9,700 CAD/$7,700 USD). (h/t: @tesla_adri)

 

With the price increase, the Model 3 RWD is also above the threshold to receive the full €9,000 incentive from the government, and is now eligible for €7,500 off the purchase price.

The price change is likely the result of increasing demand for the Model 3 in Germany. According to the Design Studio, a new order placed today for a base configuration (i.e., no options) won’t be delivered until May 2023.

Just five months ago this same Model 3 was priced at €39,990, a full €10,000 ($14,000 CAD/$11,000 USD) cheaper than it is today.

It also makes the entry-level Model 3 just €7,000 cheaper than the Model Y Long Range, which is still imported from Giga Shanghai and priced at €56,990.

There have been no similar price changes in North America today.

If you have noticed any price changes in your country, let us know in the comments below.

The best-selling EV in Germany in 2021 was the Tesla Model 3

About Darryn John 5065 Articles
Founder and Editor-in-chief of Drive Tesla Canada | Darryn@DriveTeslaCanada.ca Have a Tesla tip? Email tips@driveteslacanada.ca, or DM us on Twitter @DriveTeslaca