Despite many doubters, Elon Musk has fulfilled his promise of offering the Tesla Model 3 from $35,000 before tax incentives. However, if customers want more than just and an entry-level Model 3, they better be prepared to pay a significant premium.
Customers of the standard Model 3 with 220 miles of range and a 5.6 second 0-60 mph (96 km/h) time will have to cough up an extra $7,500 to select the Premium Upgrade Package, custom paint and more stylish wheels, for example.
The Premium Upgrade Package includes heated seats, two rear USBs, 12-way power adjustable front seats, a premium audio system, tinted glass roof with ultraviolet and infrared protection, auto dimming and heated side mirrors, LED fog lights and an improved center console.
Want to enjoy hands-free driving? Enhanced Autopilot adds $5,000, bringing the price up to $47,500 and when a few other miscellaneous options are selected, the max price for a Model S standard hits $50,500.
Those looking for greater range can adopt the Model 3 long Range for an additional $9,000, meaning its maximum price sits at $59,500 before incentives.
While prices top out at just below the $60,000 mark at the moment, they won’t stay that way. In fact, we know that an all-wheel drive version will be offered at a later date and in mid-2018, a performance version is set to join the range, possibly edging pricing towards $70,000.