Tesla has introduced new, lower-priced versions of the Model 3 and Model Y, but the financial impact for American buyers is unexpectedly complex. Despite price reductions of $5,000 and $5,500 respectively, the overall cost to purchase these vehicles has risen for U.S. consumers due to the expiration of a notable federal tax credit. This shift impacts affordability and purchasing decisions for potential Tesla owners, raising questions about the future availability and pricing of these models in international markets like Europe and Norway.
The change stems from the lapse of the $7,500 U.S. federal tax credit for electric vehicle purchases last week. Previously, a Model Y premium could be purchased for $37,490 with the credit applied. The new Model Y Standard now starts at $39,990 – a $2,500 increase despite the listed price reduction. This means American consumers are now paying more for a less-equipped Tesla.
Tesla’s new “standard” models come with fewer features than their more expensive counterparts. The company has not yet announced whether these more affordable versions will be available in europe or Norway. Should similar pricing dynamics occur in Norway, the Model Y Standard could be priced around NOK 391,591, and the Model 3 Standard around NOK 279,490.These potential price points could increase the appeal of Tesla vehicles to a wider range of buyers.
