Tesla's cheapest Model 3 now costs $46,990

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Tesla's cheapest Model 3 now costs $46,990
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Tesla's cheapest Model 3 now sells for $46,990 following a price hike this month, making the entry-level Model 3 34% more expensive than it was three years ago.

Washington, DC Tesla's most affordable car is only getting more expensive, while other electric vehicles sold as long as it have dropped in price.

Tesla's cheapest Model 3 now sells for $46,990 following a price hike this month, making the entry-level Model 3 34% more expensive than it was three years ago. Additional fees, some of which are industry standards, raise the total price of a basic Model 3 to $48,440. The Model 3 was touted long before it was introduced in 2016 as an affordable car that would cost about $35,000.

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