Tesla discounts $3,750 in December — like an electric car tax credit

Certain Tesla purchases will be eligible for at least $3,750 off under the revised EV tax credit starting January 1. But the automaker on Thursday began rolling out the program. a little early — in the form of a $3,750 discount on its most popular Model 3 or Model Y electric cars.

Based on searches on Tesla’s retail site, the offer doesn’t appear to be valid for custom-built cars — at least not everywhere — and we’ve only been able to see warnings about discounts. price when viewing existing inventory.

Tesla discounts $3,750 on Model 3, Model Y – December 1, 2022

Tesla and CEO Elon Musk have yet to make any public statements about the reasons behind the price cut, and Tesla no longer issues press releases, so background information on the offer may need to wait until the company’s next quarterly update to investors in January. Declining demand is one of the potential reasons for the price drop. But a more likely reason could be that the automaker is canceling more trips than usual, according to a recent report. electricity reported, as Tesla ramps up production at Giga Texas while potential buyers would rather wait until they can claim the credit.

For some shoppers, the Model 3 and Model Y still don’t seem like bargains. That’s because the price of Tesla has increased several times through 2021 and into 2022. Sample price Y increased to $6,000 in June, setting a starting price of $67,190, while the base Model 3 remained at $48,190 increased. That is far from price 35,000 USD and affordability improved over time that CEO Musk preached about the electric car.

That leads to the situation Used Tesla car prices have skyrocketed—in many cases, higher than the price when new.

2022 Tesla Model 3

Depending on priorities, some shoppers will also find that the Model 3 has suffered a drop in quality and that its base version is now less efficient with an LFP battery pack. On the other hand, some people may see LFP battery is an advantageallows charging normally up to 100%.

Given Tesla’s U.S. cell production for the Long Range and Performance versions of the Model 3 and Model Y, the upcoming $3,750 credit may not apply to versions using cells in that foreign country. That could mean the right time, at least for now, to get the December deal for those base versions.