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Tesla's Dual Motor Model 3 Gets Cheaper

Tesla just reduced the price of the dual motor Model 3 by $1K, but also dropped the Performance version from $78K to just $64K by making more features optional. If you already ordered one, don't worry, the price changes are retroactive.

 & Matthew Humphries Former Senior Editor

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Tesla's ongoing quest to speed up production of the Model 3 is clearly working, not only for the number of vehicles rolling out of the factory, but also the price of buying one. If you want a dual motor Tesla Model 3, it's now $1,000 cheaper, but that's not the end of the discounts.

As Electrek reports, until this week, opting for the dual motor Model 3 cost the same as it did for the Model S: $5,000. However, Tesla just knocked the feature price down to $4,000, meaning the cost of the electric vehicle drops to $53,000 with the Long Range battery pack.

You'll end up spending more, but there's bigger savings to be had on the Performance version of the Model 3 now as well. The minimum price of the Performance version was $78,000. However, Tesla changed what comes as standard and made more features optional. Because of that, the base price drops to $64,000.

If you want the Performance Upgrades package (top speed increase from 145mph to 155mph, carbon fiber spoiler, aluminum alloy pedals, red brake calipers, 20-inch performance wheels, and Michelin Pilot Sport 4S tires, expect to pay an extra $5,000.

If you've already placed your Model 3 order, don't worry, Tesla is applying the price changes retroactively so you've probably just saved thousands of dollars automatically depending on your order.

About Our Expert

Matthew Humphries

Matthew Humphries

Former Senior Editor

My Experience

I started working at PCMag in November 2016, covering all areas of technology and video game news. Before that I spent nearly 15 years working at Geek.com as a writer and editor. I also spent the first six years after leaving university as a professional game designer working with Disney, Games Workshop, 20th Century Fox, and Vivendi.

I hold two degrees: a Bachelor's degree in Computer Science and a Master's degree in Games Development. My first book, Make Your Own Pixel Art, is available from all good book shops.

My Areas of Expertise

  • PC components and system building
  • Raspberry Pi
  • Software development
  • Storage technology
  • Video games and gaming hardware

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