Reported product changes
Configurations
- A new “Model Y L Premium” configuration was added, starting at $61,990.
- The page’s featured Model 3 trim changed from “Model 3 Performance” to “Model 3 Premium.”
Lease & financing
- The displayed lease offer on the Model 3 page changed from “Lease From $649/mo” (under the Performance trim) to “Lease From $449/mo” (under the Premium trim).
- The “1.99% APR Available” financing promotion was removed and replaced with a “Trade In Your Gas Car and Receive 2,000 Free Supercharging Miles” offer.
Sources: Model Y page (tesla.com) · Model 3 page (tesla.com)
Reported product changes
Lease & financing
- The Model 3 page removed the “Lease From $449/mo” offer tied to the Model 3 Premium trim and now leads with “1.99% APR Available” under Model 3 Performance.
- The advertised financing rate on the Model Y page increased from “2.49% APR Available” to “3.99% APR Available.”
Configurations
- The Model 3 page’s top configuration label changed from “Model 3 Premium” to “Model 3 Performance.”
- The Model Y page’s top configuration label changed from “Model Y” to “Model Y Performance.”
Sources: Model 3 page (tesla.com) · Model Y page (tesla.com)
Reported product changes
Financing & incentives
- The “1.99% APR Available” financing offer tied to Model 3 Performance was removed and replaced with a trade-in incentive: “Trade In Your Gas Car and Receive 2,000 Free Supercharging Miles.”
Lease rates
- The Model 3 Performance trim’s advertised lease price increased from $439/mo to $649/mo.
Pricing
- A new footnote discloses Model 3 starts at $38,630, a price that includes Destination and Order Fees but excludes taxes and other fees.
Sources: Model 3 page (tesla.com)
Reported product changes
Lease & financing
- The homepage banner now reads “Model 3 Performance: 1.99% APR Available,” replacing the prior trade-in offer of 2,000 free Supercharging miles.
- The advertised APR offer changed from “3.99% APR Available” (previously shown under a “Model Y Performance” banner) to “2.49% APR Available” (now shown under a plain “Model Y” banner).
- The homepage banner now reads “Business Tax Deduction Available Through Section 179,” with a “Learn More” link, replacing the prior trade-in offer of 2,000 free Supercharging miles.
Configurations
- The separately listed “Model Y L Premium” trim, previously shown starting at $61,990, no longer appears alongside the Model Y Performance entry on the page.
Sources: Model 3 page (tesla.com) · Model Y page (tesla.com) · Cybertruck page (tesla.com)
Reported product changes
Lease & financing
- The featured “1.99% APR Available” financing offer for Model 3 Performance was removed
- A new featured financing offer, “3.99% APR Available,” appeared for Model Y Performance
- The top banner now promotes “Trade In Your Gas Car and Receive 2,000 Free Supercharging Miles” with a “Get a Trade-In Estimate” link, replacing the prior 1.99% APR offer
- The top banner now promotes the same “Trade In Your Gas Car and Receive 2,000 Free Supercharging Miles” trade-in offer, replacing the prior “Business Tax Deduction Available Through Section 179” promotion
Pricing
- A new footnote discloses Model 3 starts at $38,630, a price that includes Destination and Order Fees but excludes taxes and other fees
Sources: Model 3 page (tesla.com) · Model Y page (tesla.com) · Cybertruck page (tesla.com)
+5.21% to $391.62 from $372.22
What moved TSLA
- Barclays analyst Dan Levy upgraded Tesla to Overweight from Equal Weight and raised his price target to $450 from $370, saying dialogue around a potential Tesla-SpaceX combination has become “heavily expected.”
- Levy also cited improving fundamentals apart from the merger talk: expected growth in the auto business after two years of declines, rising full-self-driving demand, and an energy-storage unit he described as nearly sold out for 2027 with shipment growth potentially exceeding 50%.
- The call builds on Elon Musk’s remarks during SpaceX’s quarterly earnings call that both companies’ boards have formed special committees of independent directors to evaluate a potential merger, which Musk said is “not a certainty.”
- The $450 target implies meaningful upside from Tesla’s prior close, and the upgrade came alongside declines in EV peers Lucid and Rivian the same day.
Sources: CNBC · Yahoo Finance · 24/7 Wall St.
Reported product changes
Financing & leasing
- Model 3 Performance now features a 1.99% APR financing offer, replacing the prior “2,000 Free Supercharging Miles” trade-in promotion on the page.
- A base Model 3 configuration is now listed with a lease price of $439/mo, alongside the existing Model 3 Premium at $449/mo.
- The 3.99% APR financing offer previously featured for Model Y Performance is no longer shown on the page.
Configurations/Trims
- A new “Model Y L Premium” trim is now featured, starting at $61,990, in place of the previously featured Model Y Performance.
Pricing disclosures
- The footnote stating Model 3 starts at $38,630 (including Destination and Order Fees, excluding taxes) was removed from the page.
Sources: Model 3 page (tesla.com) · Model Y page (tesla.com)
Reported product changes
Lease & financing
- The “Model 3 Performance: 1.99% APR Available” financing offer was removed from the page.
- A new incentive appeared in its place: “Trade In Your Gas Car and Receive 2,000 Free Supercharging Miles,” with a “Get a Trade-In Estimate” call to action replacing the previous “Order Now” link.
- The advertised lease rate rose from “Lease From $439/mo” to “Lease From $449/mo”.
Configurations
- The page’s trim heading changed from “Model 3” to “Model 3 Premium”.
Sources: Model 3 page (tesla.com)
Reported product changes
Lease & financing
- The advertised Model 3 lease offer rose to $439/mo from $419/mo.
- A new 1.99% APR financing offer is now advertised for Model 3 Performance.
- A new 3.99% APR financing offer is now advertised for Model Y Performance.
Pricing
- A new footnote discloses that Model 3 actually starts at $38,630, a figure that includes Destination and Order Fees (previously this footnote was blank).
- The homepage banner advertising “Model Y L Premium Starting at $61,990” was removed.
- The “Trade In Your Gas Car and Receive 2,000 Free Supercharging Miles” trade-in incentive banner was removed from the homepage.
Sources: Model 3 page (tesla.com) · Model Y page (tesla.com)
-2.13% to $354.72 from $362.44
What moved TSLA
- Shares were up nearly 5% in premarket trading on Friday after Tesla’s Thursday unveiling of the second-generation Roadster.
- At the event near Waco, Texas, the car used cold-gas thrusters and fan suction to drive up an inverted ramp, flip, and stabilize its landing, and to hop over a lineup of other Tesla vehicles.
- Tesla’s reservation page lists a $50,000 deposit for the Performance version and $250,000 for a Thrust version, with an invite-only Rocket model; Elon Musk said the car will not enter production until 2028.
- Tesla claims a range of more than 300 miles and a top speed exceeding 230 mph, though independent testing of the thruster-assisted performance claims has not occurred.
Sources: CNBC · TechCrunch · Click2Houston