Tesla Model 3 Mid-Range Gets $1,000 Price Bump Days After Launch

Less than a week after surfacing online, the Tesla Model 3 Mid-Range has received a small price bump.

As revealed by the company’s online configurator, this version of the electric hatchback now starts at $46,000 in the United States, a $1,000 increase. The price adjustment was confirmed by a Tesla spokesperson.

“We made a slight adjustment to our pricing for Model 3, following the introduction of the mid-Range battery last week.” The automaker’s representative assured those who already made a deposit that they “will honor the lower pricing for all in-progress orders.”

Also Watch: Just How Fast Is The Tesla Model 3 In A Straight Line?

The Mid-Range Model 3 is currently the entry-level model, as the $35,000 variant is still 4-6 months away. It slots under the Long-Range model and it’s only available with rear-wheel drive, as the dual-motor, all-wheel drive configuration is reserved for the Long-Range and Performance variants.

Sprinting from rest to 60 mph (96 km/h) takes a respectable 5.6 seconds, or only 1.1 seconds more than the base Long-Range Model 3, and top speed stands at 125 mph (201 km/h).

In between visiting the charging stations, the Mid-Range Model 3 has an autonomy of 260 miles (418 km) compared to the Long-Range’s 310 miles (498 km).

As for the entry-level Model 3, first deliveries are expected to commence in February. There’s a catch, though, because the federal tax credit will drop from $7,500 to $3,750 on January 1. After July 1, the credit will decrease even more, to $1,875, and will eventually be dropped at the end of next year. Does this mean that we’ll never see the promised $35k Model 3? If there are no more delays, we’ll find out soon enough.