Tesla hints at November price hike for Model 3 and Y
Tesla price rise looms as $6,500 lease credit fades
Tesla hints at November price hike for Model 3 and Y
Tesla signals a November price increase, likely on Model 3 and Model Y, as its $6,500 lease credit wanes after EV subsidies ended. What buyers should expect.
2025-10-22T22:36:08+03:00
2025-10-22T22:36:08+03:00
2025-10-22T22:36:08+03:00
Tesla is back to keeping everyone guessing. A notice on the company’s official site said prices would rise in November, without any explanation or figures. With no press office to field questions, neither shoppers nor reporters have a clear sense of what’s coming. Early indications suggest the increase will touch the Model 3 and Model Y — the very lines that only recently gained more accessible Standard versions.Industry watchers point to a likely cause: the end of Tesla’s $6,500 lease credit introduced after federal EV subsidies were withdrawn. The leasing terms state that payments include a $6,500 Tesla credit that can be changed or canceled at any time. Sources add that Ford and GM took comparable steps after pressure from Republican senators led to incentive programs being scrapped.In a curious twist before any hike, Tesla briefly trimmed lease payments by roughly $100, depending on region and local taxes. The company’s calculator, however, often glosses over certain local fees, so the final monthly cost can diverge from the estimate. Judging by Tesla’s usual playbook, clarity is unlikely to arrive before the numbers themselves change.
Tesla, price increase, Model 3, Model Y, $6,500 lease credit, EV subsidies, November price hike, EV leasing, Tesla pricing, incentives, Ford, GM, market news, buyers guide
2025
Michael Powers
news
Tesla price rise looms as $6,500 lease credit fades
Tesla signals a November price increase, likely on Model 3 and Model Y, as its $6,500 lease credit wanes after EV subsidies ended. What buyers should expect.
Michael Powers, Editor
Tesla is back to keeping everyone guessing. A notice on the company’s official site said prices would rise in November, without any explanation or figures. With no press office to field questions, neither shoppers nor reporters have a clear sense of what’s coming. Early indications suggest the increase will touch the Model 3 and Model Y — the very lines that only recently gained more accessible Standard versions.
Industry watchers point to a likely cause: the end of Tesla’s $6,500 lease credit introduced after federal EV subsidies were withdrawn. The leasing terms state that payments include a $6,500 Tesla credit that can be changed or canceled at any time. Sources add that Ford and GM took comparable steps after pressure from Republican senators led to incentive programs being scrapped.
In a curious twist before any hike, Tesla briefly trimmed lease payments by roughly $100, depending on region and local taxes. The company’s calculator, however, often glosses over certain local fees, so the final monthly cost can diverge from the estimate. Judging by Tesla’s usual playbook, clarity is unlikely to arrive before the numbers themselves change.
