Skip to main content
  1. Home
  2. Cars
  3. News

Tesla raises price of Model 3 by $500 as it adds a little bit more range

Add as a preferred source on Google
 

Tesla has once again tweaked the Model 3‘s pricing structure and specifications. The Californian company’s entry-level model is now more expensive, but the cheapest version now offers buyers a little bit more driving range.

Recommended Videos

The changes weren’t publicly announced by Tesla, but they were spotted by Autoblog on the carmaker’s online configurator. The lineup is still broken down into three models called Standard Range Plus, Long Range, and Performance The cheapest Model 3 now costs $39,490, a figure that represents a $500 increase. It’s also 5,000 more expensive than the $35,000 figure often floated in the months leading up to the car’s introduction.

As a trade-off, the sedan offers up to 250 miles of driving range, which is 10 more than before; motorists are essentially paying $50 per extra mile of range. Tesla hasn’t revealed how it unlocked the extra range, but Autoblog speculated it’s likely software-related. There are no indications that the Model 3 Standard Range Plus quietly received hardware updates. It still takes 5.3 seconds to sprint from 0 to 60 mph, and its top speed still checks in at 140 mph.

The Long Range model remains unchanged. It costs $47,990, and it provides drivers with up to 310 miles of range. Speed-hungry EV drivers can cruise at 60 mph in 4.4 seconds, and they can keep going until the speedometer displays 145 mph.

The flagship Performance variant also offers a 310-mile range, and it takes merely 3.2 seconds to reach 60 mph from a stop, so nothing has changed on the specifications sheet, but the price of the Tesla Model 3 was bumped by $1,000 to $56,990. The final tweak is a visual one. The Performance’s 20-inch wheels are now dark gray instead of bright. The brighter wheels still appear on the configurator, but they can’t be selected, so they’re presumably no longer available.

The aforementioned prices don’t include incentives. Tesla buyers are eligible to receive up to $1,875 as a tax credit from the federal government. Some states will happily increase that amount in a bid to convince motorists to ditch gasoline. Motorists who want to claim anything at all from the federal government need to act quickly; the amount available to Tesla buyers began gradually decreasing after it sold its 200,000th car in July 2018, and the credit will disappear on January 1, 2020.

Ronan Glon
Ronan Glon is an American automotive and tech journalist based in southern France. As a long-time contributor to Digital…
A new AI model wants self-driving cars to think before they swerve
Forget guessing games, this self-driving AI actually shows its work.
Self driving car

Self-driving cars have gotten pretty good at driving. The harder problem is teaching them to drive safely in situations nobody planned for. We have heard horror stories of self-driving cars, behaving erratically in emergency situations, often times delaying first responders from reaching the scene.

A team at Seoul National University, led by professor Jun Won Choi from the Department of Electrical and Computer Engineering, thinks they have cracked part of that puzzle with a new AI model called SafeDrive. The research was recently selected as a highlight paper at CVPR 2026, a distinction that goes only to roughly 3% of all submissions.

Read more
Your next car’s software update could become its biggest security risk
Your next car could receive updates like your smartphone. That's also becoming a cybersecurity nightmare.
OTA technology allows manufacturers to remotely deliver software updates.

Modern cars are no longer machines that stay the same after they leave the showroom. Increasingly, they're becoming software-defined vehicles that receive new features, bug fixes, and security patches wirelessly, much like smartphones. But while over-the-air (OTA) updates have made vehicle maintenance easier and cheaper, cybersecurity experts are warning that the same technology could also become one of the automotive industry's biggest security challenges.

Researchers and policymakers are now calling for stronger oversight as connected vehicles become increasingly dependent on remote software updates. Their concern isn't just about hackers stealing personal data. It's about someone potentially interfering with the operation of a moving vehicle.

Read more
This sleek Chinese EV pairs supercar styling with three AI brains
The Xpeng L03 is an AI supercomputer disguised as a stylish family SUV
Xpeng L03

Xpeng’s latest electric vehicle carries enough processing power to make the term "smart car" actually sound more realistic than it actually is. The new Xpeng L03 debuted simultaneously in Europe and China on July 16, with the company presenting it across 65 markets. Available as a fully electric vehicle and an L03 Power X range-extender, the coupe-SUV is Xpeng’s most internationally focused model so far. Market-specific prices and sales dates remain unannounced.

Three AI chips and Google Maps built right in

Read more