Tesla Model 3, Model Y officially qualify for maximum subsidy in Germany

Credit: Tesla Inc.

The Tesla Model 3 and Model Y officially qualify for the maximum subsidy across each trim level, qualifying the vehicles for up to €6,750 in discounts.

Tesla vehicles had previously qualified for a reduced subsidy, but then its price increases essentially disqualified the vehicles from receiving any of the discounts, to begin with.

However, Tesla has slashed prices in many markets, including Europe, which has requalified the vehicles for the tax credit:

As of January 23, BAFA, the German Federal Office for Economic Affairs and Export Control, has added each of Tesla’s Model 3 and Model Y configurations to the list of qualifying vehicles.

According to Electrek, Tesla said the recent price adjustments, when combined with the qualification for the maximum subsidy amount, make the vehicles more available for consumers and are “in line with our mission to accelerate the global shift toward sustainable mobility.”

We reported last week that Tesla’s price cuts in the United States had helped the company reach a significantly larger addressable market, especially with the Model Y, which had a quadrupling in potential customers that could afford the vehicle in the U.S.

The price cuts also considerably pushed Model 3 and Model Y delivery times. Demand for the vehicles is sure to continue growing now that all vehicles qualify for government incentives, which pulls prices back even more.

The Model 3 will be available from €40,470 ($44,010), while the Model Y will be sold as low as €41,370 ($44,989).

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey Klender: Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his time at TESLARATI, Joey has broken several big stories, including the first images of the Tesla Model S Plaid, the imminent release of the 4680 Model Y through EPA certification, and several expansions to the Lucid AMP-1 factory in Arizona, to name a few. His stories have been featured in several publications, including Yahoo! Finance, Fox News, CNET, and Seeking Alpha. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on Twitter @KlenderJoey.
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