Tesla, the electric car maker, have slashed their prices around the world and that includes the Irish market. It’s part of a global move on their part to cut the cost of their cars, which include the popular Model 3 and the Y SUV, which is based on the 3.
The price cuts mean that both 3 and Y, in standard and long-range, qualify for the SEAI grant which knocks an additional €5,000 off the cost.
In other markets, including the US, prices have been slashed by as much as $21,000 on the Model S, which is no longer officially available in Ireland. Both it and the Model X SUV have been taken off our price lists due to long lead in times.
As it stands now, the Model 3 starts from €44,990 with the long range model, with four wheel drive coming in at €52,990. They have a range of 491km and 602km respectively.
The Model Y starts from €46,990 while its long range counterpart, again with four wheel drive and twin motors costs from €53,890. There are high performance variants of both cars available also.
Tesla say they’ve been able to make the price cuts in the wake of a normalisation of some of their cost inflation, allowing them to pass the savings on to customers. The cuts come in the wake of a 40% increase in customer deliveries last year, bringing production to 1.37 million cars.
In China, the cuts have sparked protests from existing Tesla owners, who now claim they have spent too much on their cars. It will be interesting to see if there’s any similar backlash in Europe.