Tesla Model 3 Costs Under $20,000 in Colorado Thanks to Generous Incentives

From Torque News.

Tesla Model 3 could get a purchase price below $20,000 in Colorado, USA. The state has generous incentives in place to encourage the purchase of electric vehicles to meet Colorado’s transportation electrification goals and Tesla Model 3 is in the forefront of the electric vehicles.

CPR News (via @SawyerMerritt/X) shared a list of incentives that electric vehicle buyers in Colorado can receive. It is quite extensive and offers the opportunity to get $26,500 when buying an electric vehicle. However, keep in mind that it will be difficult to meet absolutely all the requirements for all existing benefits. Getting the most likely ones will still result in savings of over $20,000.

So, the Tesla Model 3 RWD price could drop to an impressive $13,740 from its $40,240 starting price. However, not all credits can be accumulated, as Elon Musk pointed out. He wrote on X (Former Twitter) "I’m told by my team that the credits are not currently stackable, so the best case is more like roughly $20k and there are significant income restrictions. Still very compelling."

#TeslaModel 3 #tesla

This is Armen Hareyan from Torque News. Please follow us at https://twitter.com/torquenewsauto on Twitter and https://www.torquenews.com/ for daily automotive news.

Reference
Tesmanian https://www.tesmanian.com/blogs/tesmanian-blog/tesla-model-3-could-get-the-price-under-20-000-in-colorado-usa
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