Here’s some good news for Tesla buyers. Tesla has reduced the starting price for the Model 3 and Model Y, which is great news for EV buyers.

Tesla Model 3

The Tesla Model 3 RWD Standard Range Plus model now starts at $36,990, which is a $1,000 price cut. But not all of the Model 3 models get the price cut, since the Dual Motor AWD Long Range is still priced at $46,990 and the Model 3 Dual Motor AWD Performance is now $1,000 more at $55,990.

The Tesla Model Y RWD Standard Range is now $2,000 cheaper and starts at $39,990. Just like the Model 3, the Model Y Dual Motor AWD Long Range pricing stays the same, starting at $49,990. The Performance version is now $1,000 more and starts at $60,990.