Tesla Raises Model 3 Lease and Model Y Rate, Ends Free Supercharging

Tesla has quietly adjusted several U.S. pricing and incentive terms overnight, and if you're shopping a Model 3 or Model Y right now, the timing matters. Three changes are in effect or approaching fast: a lease price hike on the base Model 3, a financing rate increase on the Model Y AWD, and a hard deadline on free Supercharging for Model 3 Premium buyers.

Sawyer Merritt tweet detailing Tesla U.S. pricing and incentive updates for Model 3 and Model Y
Source: @SawyerMerritt — June 5, 2026

Starting with the most time-sensitive item: the 1-year free Supercharging promotion on Model 3 Premium and Model 3 Performance orders ends June 15th. That's ten days away. Buyers who order after that date won't receive the perk, so anyone who's been sitting on the fence has a clear deadline to act against.

On the lease side, the $36,990 Model 3 RWD monthly payment has moved from $299 to $329 — a $30 jump that adds up to $1,080 over a standard 36-month term. According to Tesla's website, the previous $299 rate had only been in place since April 4, 2026, meaning this promotional floor lasted roughly two months before reverting upward. The $3,994 due-at-signing figure may also be subject to change, so it's worth confirming current terms directly on Tesla's configurator before committing.

The Model Y AWD financing adjustment is smaller in percentage terms but still meaningful: the 0% APR offer has been replaced with 0.99%. On a $41,990 vehicle financed over 60 months, that difference translates to roughly $1,050 in additional interest charges over the life of the loan. Not a dealbreaker, but worth factoring into any side-by-side comparison with a lease.

Taken together, these moves suggest Tesla is normalizing incentive levels after a period of aggressive promotions earlier this spring. None of the changes are dramatic, but the June 15 Supercharging deadline is a genuine expiry worth noting for anyone already deep in the buying process.


Marcus Reed
Marcus Reed
Lead Editor — Tesla & FSD

Marcus covers Tesla's software releases, FSD rollouts, and OTA changes. Background in automotive engineering. Based in Austin.

Sources verified at publish time. Spotted an inaccuracy? Email editorial@basenor.com.

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