It turns out that buying the new 2024 Tesla Model 3 Performance is actually cheaper than the Model 3 Long Range. Here's why.
Now that the new 2023 Tesla Model 3 Performance has officially dropped, it's time for the buyers who put off buying a new car to decide if they want to move forward with Tesla's newest flagship Model 3 trim. Most buyers cross-shopping the Model 3 trims are generally looking between the Long Range and Performance trims. Both are all-wheel-drive, offer decent zero-to-60 MPH times, and have the premium bits that the Standard Range doesn't.
The Model 3 Performance qualifies for this tax credit because of the 2170 battery cells packed neatly in its floor—and it's the only Model 3 that does. The Standard Range and Long Range models both use Tesla's LFP packs which do not qualify for the tax credit. After the tax credit, this brings the effective price of the Model 3 Performance from $54,630 after destination fees to just $47,130. The Long Range sits at $49,380, or $2,250 more than the Performance.
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