Tesla halted production of the immensely popular Model 3 Long Range last summer due to an overwhelming backlog of orders extending well into 2023. This move left customers with only the base, rear-wheel drive version and much more expensive performance version of the Model 3 available for purchase.
However, recent developments suggest that Tesla might soon begin accepting orders for the Model 3 Long Range once again. One of our readers, Jake Bercic, pointed out that the price of the Long Range Model 3 has appeared on a Canadian Tesla support page. The price appears among other Tesla models, which all reflect current pricing.
Update: It looks like Tesla has kept the Model 3 Long Range model on this support page, and they updated the pricing in January 2023.
The prices displayed on the Canadian support page for the Long Range Model 3 are:
Rear wheel drive: $54,990 CAD (this version in the US: $42,990)
Dual motor Long Range: $67,990 CAD (equal to approximately $49,700 USD)
Performance: $72,990 CAD (this version in the US: $53,990)
Project Highland and New Price
The possible return of the Model 3 Long Range comes amidst speculation of Tesla's Project Highland - the refreshed Model 3. We recently uncovered more details about Project Highland. The possible reintroduction of the Model 3 Long Range, coupled with Project Highland, could signal a new chapter in Tesla's EV dominance. By bringing back a highly sought-after model and potentially introducing a new and improved version, Tesla continues to demonstrate its commitment to innovation and meeting the increasing demand for electric vehicles.
The possible reintroduction of the Model 3 Long Range, coupled with Project Highland, could signal a new chapter in Tesla's EV dominance. By bringing back a highly sought-after model and potentially introducing a new and improved version, Tesla continues to demonstrate its commitment to innovation and meeting the increasing demand for electric vehicles.
Tax Credits
This development is particularly noteworthy, as the Model 3 Long Range's previous price of $57,990 USD, made it ineligible for the new US tax credit for electric cars. With the new regulation, a price cap of $55,000 applies to passenger car models, and $80,000 for SUVs and pickups. That means all Model 3's are eligible for the $7,500 tax credit.
The halt in Model 3 Long Range production came after Tesla CEO Elon Musk warned about potential order freezes due to a sharp increase in demand for electric cars in several regions of the United States. Musk had stated that once Tesla increased production, the model variant would return to the market. Now, it seems that the time for its return might be near.
