Tesla cuts Model 3 Performance price: Refunds, free Supercharging

Tesla Model 3.
Matthew
DeBord/BI

• The Tesla Model 3 Performance sedan got a $5,000 price
  cut on Friday.
• The electric-car company originally offered this
  version of its entry-level sedan with the option of a
  “performance upgrade” package, which was priced at
  $5,000.
• That feature is now included with the Model 3
  Performance, effectively lowering the base price of that
  version from $69,000 to $64,000.
• A Tesla spokesperson confirmed the price change to
  Business Insider on Friday. CEO Elon Musk said customers who
  ordered or took delivery of the Model 3 Performance before the
  price change will receive their choice of a $5,000 refund or
  free Supercharging for life.

The Tesla
Model 3 Performance sedan got a $5,000 price cut on Friday.

The electric-car company originally offered this version of its
entry-level sedan with the option of a “performance upgrade”
package, which was priced at $5,000. The performance upgrade
package includes 20-inch wheels, a carbon-fiber decklid spoiler,
lowered suspension, and quicker acceleration, among other items.

That package is now included as a standard feature with the Model
3 Performance, effectively lowering the base price of that
version of the car from $69,000 to $64,000 before incentives and
gas savings.

A Tesla spokesperson on Friday offered this statement to Business
Insider on the price change.

“We periodically adjust available options and packages in order
to simplify our product offering and deliver the best possible
driving experience to customers.”

The price drop riled up some customers who ordered the Model 3
Performance with the performance upgrade package or took delivery
of the car before Friday’s price cut. Several reached out to CEO
Elon Musk directly on Twitter. Musk said those customers can
choose between a $5,000 refund or free Supercharging for
life.

Tesla had no comment on that concession.