Tesla drops price of its Model 3 electric car in several European countries

Tesla have reduced the price of its Model 3 in several European countries including France and Germany. The Model 3 is Tesla’s most affordable electric car and is the American carmaker’s biggest seller across Europe. Tesla have not stated why this has happened but our guess is to remain competitive with all the new models  hitting the market from its competitors.

According to figures from DriveTeslaCa France saw the biggest price reduction with the Standard Range+ Model 3 seeing a saving of €6,190 as the price was reduced from €49,990 to €43,800. With this price drop the Model 3 now qualifies for a €7,000 incentive package compared to €3,000 previously.

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The Long Range version of the Model 3 saw a saving of €5810 as the price was dropped from €57,800 to €51,990. The Performance Model 3 also saw a saving of €6,000 as the price fell from €65,990 to €59,990.

Germany also saw considerable reductions in prices of the Model 3. The Standard Range+ saw a saving of Standard Range+ €3,000 falling from €42,990 to €39,990, while the Long Range version fell by €2,500 as the price dropped from 42,990 to €39,990. The Performance model saw the biggest price reduction with a €4,000 saving as the price changed from €58,990 to €54,990.

These price reductions are not only good for potential Tesla drivers in Europe, but shows how important and competitive the electric car market is right now. With electric car sales bucking the trend of falling sales of combustion engines vehicles it has never been easier or more affordable to transfer to zero-emissions driving.

Ian Osborne
Ian Osborne
Editor-in-Chief at ElectricDrives

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