Tesla's Cheapest Model 3 Variant Is off the Market, Long-Range RWD Now the Lowest Priced
- by techtimes
- Oct 03, 2024
- 0 Comments
- 0 Likes Flag 0 Of 5
Oct 03 2024, 08:59 AM EDT
Share on Facebook New Cheapest Tesla is $3,500 More Expensive
With the removal of the Tesla Model 3 Standard Range Rear-Wheel Drive, the cheapest electric vehicle from the Texas-based automotive company is now the Model 3 Long-Range Rear-Wheel Drive variant. This features a base price of $42,500, which is $3,500 more expensive than the previous one.
Tesla's Affordable EVs: Are They Worth It?
Tesla
FREMONT, CALIFORNIA - APRIL 20: In an aerial view, Tesla cars sit parked in a lot at the Tesla factory on April 20, 2022 in Fremont, California. Tesla reported first quarter earnings that far exceeded analyst expectations with revenue of $18.76 billion compared to expectations of $17.80 billion.
Justin Sullivan/Getty Images
Tesla may not position itself as a luxury vehicle company like Lamborghini, Mercedes-Benz, and more. However, it still promises a 'premium' experience on its vehicles, paired with its renowned technology. That being said, Elon Musk's clean energy company won the Top Luxury Car Brand in the United States for 2022, beating BMW which has long held the title.
Despite having the expensive Model S and Model X variants like the Plaid version, with its luxurious interiors and features, and the Cyberbeast, there are still affordable EVs like the Model 3 and Model Y.
Previously, the Model Y was considered the cheapest electric vehicle in Tesla's fleet, and it is also notable for its performance, range, and features, which were available to users before the price hike that took place.
The recent quarterly report from Tesla saw dwindling numbers compared to the previous years of the same quarter, in which it shared its significant milestones and records for EV sales. While it was not revealed if this poor quarter performance is connected to the cheapest Model 3 being taken off the market, Tesla is now looking towards finishing strong as the last quarter of the year is here.
Please first to comment
Related Post
Stay Connected
Tweets by elonmuskTo get the latest tweets please make sure you are logged in on X on this browser.
Sponsored
Popular Post
Tesla: Buy This Dip, Energy Growth And Margin Recovery Are Vastly Underappreciated
28 ViewsJul 29 ,2024