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Tesla bumps price of Model 3 and Model Y non-Performance builds by $500

(Credit: The Kilowatts/YouTube)

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Tesla has increased the price of the non-performance variants of the Model 3 sedan and Model Y crossover by $500, changing the cost of the two cars for the fourth time so far in 2021.

The least expensive Tesla is now the Model 3 Standard Range+ starting at $38,990. The Dual Motor All-Wheel-Drive Configuration of the Model 3 was bumped to $47,990. Meanwhile, the entry-level variant of the Model Y crossover now starts at $50,900. It was previously listed at $50,490. Tesla investor Sawyer Merritt spotted the changes in price.

Tesla decreased the cost of the Model 3 in February, dropping the cost to $36,990 from $37,990 for the Standard Range+ variant, while the Dual Motor All-Wheel-Drive configuration decreased from $49,990 to $48,990. In early March, Tesla increased the prices of both Model 3 variants by $500. Once again, the prices were adjusted with another $500 increase in late March.

The price changes could be related to demand, which has been strong for Tesla based on its recent release of Production and Delivery figures for Q1 2021. Tesla delivered 184,800 cars, beating Wall Street estimates by over 20,000 units. The numbers were extremely impressive because Tesla only produced the Model 3 and Model Y during Q1. The Model S and Model X are still being tinkered with by the automaker as a “Refreshed” version of both cars was unveiled during the Q4 2020 Earnings Call in late January. Deliveries of the Model S and Model X are expected to occur within the coming months.

Interestingly, the Model 3’s most affordable configurations still manages to fall under the average cost of a new car in the United States. Valuation analysts at Kelley Blue Book indicated in a study earlier this year that $40,000 is the cost of a new car on average in the U.S., meaning the Model 3 still falls under that threshold for its entry-level variant.

Tesla will report its Q1 2021 Earnings in a Call on April 26th. The call will begin at 2:30 PM PST, 5:30 PM EST.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on Twitter @KlenderJoey.

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Armored Tesla Cybertruck “War Machine” debuts at Defense Expo 2025

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Photo: Unplugged Performance

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Tesla Megapacks chosen for 548 MWh energy storage project in Japan

Tesla plans to supply over 100 Megapack units to support a large stationary storage project in Japan, making it one of the country’s largest energy storage facilities.

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Credit: Tesla

Tesla’s Megapack grid-scale batteries have been selected to back an energy storage project in Japan, coming as the latest of the company’s continued deployment of the hardware.

As detailed in a report from Nikkei this week, Tesla plans to supply 142 Megapack units to support a 548 MWh storage project in Japan, set to become one of the country’s largest energy storage facilities. The project is being overseen by financial firm Orix, and it will be located at a facility Maibara in central Japan’s Shiga prefecture, and it aims to come online in early 2027.

The deal is just the latest of several Megapack deployments over the past few years, as the company continues to ramp production of the units. Tesla currently produces the Megapack at a facility in Lathrop, California, though the company also recently completed construction on its second so-called “Megafactory” in Shanghai China and is expected to begin production in the coming weeks.

READ MORE ON TESLA MEGAPACKS: Tesla Megapacks help power battery supplier Panasonic’s Kyoto test site

Tesla’s production of the Megapack has been ramping up at the Lathrop facility since initially opening in 2022, and both this site and the Shanghai Megafactory are aiming to eventually reach a volume production of 10,000 Megapack units per year. The company surpassed its 10,000th Megapack unit produced at Lathrop in November.

During Tesla’s Q4 earnings call last week, CEO Elon Musk also said that the company is looking to construct a third Megafactory, though he did not disclose where.

Last year, Tesla Energy also had record deployments of its Megapack and Powerwall home batteries with a total of 31.4 GWh of energy products deployed for a 114-percent increase from 2023.

Other recently deployed or announced Megapack projects include a massive 600 MW/1,600 MWh facility in Melbourne, a 75 MW/300 MWh energy storage site in Belgium, and a 228 MW/912 MWh storage project in Chile, along with many others still.

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

Tesla highlights the Megapack site replacing Hawaii’s last coal plant

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Elon Musk responds to Ontario canceling $100M Starlink deal amid tariff drama

Ontario Premier Doug Ford said, opens new tab on February 3 that he was “ripping up” his province’s CA$100 million agreement with Starlink in response to the U.S. imposing tariffs on Canadian goods.

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NORAD and USNORTHCOM Public Affairs, Public domain, via Wikimedia Commons

Elon Musk company SpaceX is set to lose a $100 million deal with the Canadian province of Ontario following a response to the Trump administration’s decision to apply 25 percent tariffs to the country.

Starlink, a satellite-based internet service launched by the Musk entity SpaceX, will lose a $100 million deal it had with Ontario, Premier Doug Ford announced today.

Ford said on X today that Ontario is banning American companies from provincial contracts:

“We’ll be ripping up the province’s contract with Starlink. Ontario won’t do business with people hellbent on destroying our economy. Canada didn’t start this fight with the U.S., but you better believe we’re ready to win it.”

It is a blow to the citizens of the province more than anything, as the Starlink internet constellation has provided people in rural areas across the globe stable and reliable access for several years.

Musk responded in simple terms, stating, “Oh well.”

It seems Musk is less than enthused about the fact that Starlink is being eliminated from the province, but it does not seem like all that big of a blow either.

As previously mentioned, this impacts citizens more than Starlink itself, which has established itself as a main player in reliable internet access. Starlink has signed several contracts with various airlines and maritime companies.

It is also expanding to new territories across the globe on an almost daily basis.

With Mexico already working to avoid the tariff situation with the United States, it will be interesting to see if Canada does the same.

The two have shared a pleasant relationship, but President Trump is putting his foot down in terms of what comes across the border, which could impact Americans in the short term.

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