Now that we’re officially in the first quarter of 2019, the federal tax credit for all Tesla vehicles has been cut in half to only $3,750. To help combat the reduced tax credit, Tesla has announced that it’s reduced the prices of the 3, S and X by $2,000.

Tesla Model 3 Performance

This means that the cheapest Tesla available, the Model 3 Mid Range version now starts at $45,200. The Model 3 Long Range now starts at $52,200 and the Model 3 Performance version now starts at $63,200.

If you prefer the Model S now starts at $77,200 for the 75D version, The Model S 100D starts at $95,200, while the P100D starts at $134,200. The Model X starts at $83,200 and tops out at $139,200.

Now that the federal tax credit has been reduced to $3,750 from $7,500, buyers only have until June 30 to get the $3,750 credit. Starting on July 1, 2019, the credit will be cut again to $1,875. Starting on Jan 1, 2020, Tesla vehicles will not be eligible for any federal tax credits.