Due to a massive backlog of orders that would not be fulfilled until well into 2023, Tesla had to cease manufacture of the wildly popular Model 3 Extended Range last summer. Customers were now limited to either the rear-wheel-drive base model and the far more expensive performance model of the Model 3.
Recent events, however, imply that Tesla might soon resume taking orders for the Model 3 Long Range. Jake Bercic, one of our readers, brought to our attention that the Long Range Model 3’s price had been revealed on a Canadian Tesla support page. The cost is listed with that of other Tesla models, which all represent the current cost.
Price
The following costs are shown on the Long Range Model 3 support page for Canada:
Rear-wheel drive costs $54,990 CAD ($42,990 for this model in the US).
Twin motor Long Range costs $67,990 CDN, or roughly $49,700 USD.
Performance: $53,990 USD ($72,990 CAD) for this version.
New Price and Project Highland
The Model 3 Long Range’s potential comeback coincides with rumours around Tesla’s Project Highland, the updated Model 3. Further information regarding Project Highland was just found. Project Highland with the potential return of the Model 3 Long Range could usher in a new era of Tesla’s EV supremacy. Tesla is continuing to show its dedication to innovation and satisfying the growing demand for electric vehicles by reintroducing a model that has long been in high demand and possibly introducing a new and superior model.
Project Highland with the potential return of the Model 3 Long Range could usher in a new era of Tesla’s EV supremacy. Tesla is continuing to show its dedication to innovation and satisfying the growing demand for electric vehicles by reintroducing a model that has long been in high demand and possibly introducing a new and superior model.
Fiscal Credits
This change is especially significant because the Model 3 Long Range was previously priced at $57,990 USD, disqualifying it from the new US tax credit for electric vehicles. A price cap of $55,000 is now in effect for passenger vehicle models and $80,000 for SUVs and pickup trucks. So, the $7,500 tax credit is available for all Model 3 vehicles.
Production of the Model 3 Long Range was stopped after Tesla CEO Elon Musk issued a warning about possible order freezes caused by a sudden rise in demand for electric vehicles in various US locations. When Tesla boosted production, according to Musk, the model variety will reappear on the market. It appears that now might be the time for its return.