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Price Reduction – TESLA Model 2 and Model Y price adjustment revealed.

PRICE REDUCTION – TESLA Model 3 and Model Y price adjustment revealed. 

In 2022, we continued to advance our mission to accelerate the world’s transition to sustainable energy. We broke records globally with vehicle deliveries growing 40% YoY to 1.31 million and production increasing 47% YoY to 1.37 million. 

In Europe, Model 3 and Model Y became a regular feature of the vehicle sales podium across many markets; not just for BEV’s but across all powertrains.

Despite significant challenges last year ranging from the semi-conductor shortage, energy crisis, logistics constraints and further COVID-related disruptions, we continued to lay the foundations for our future growth by regionalizing production and supply chains. We also began the transition to a more evenly spread distribution strategy to diminish logistical and delivery peaks.  

Our focus on continuous product improvement through original engineering and manufacturing processes have further optimized our ability to make the best product for an industry-leading cost. As we exit what has been a turbulent year of supply chain disruptions, we have observed a normalization of some of the cost inflation, giving us the confidence to pass these through to our customers. 

As local vehicle production continues to increase and we gain further economies of scale globally, we are making Model 3 and Model Y even more accessible across EMEA.   

In Ireland, Model 3 now starts from €44,990 and Model Y starts from €46,990. With this change, Model 3 Rear-Wheel Drive, Model 3 Long Range, Model Y Rear-Wheel Drive and Model Y Long Range now qualify for the SEAI plug-in grant worth up to an additional €5,000.

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