Tesla Model 3 Sees Discontinuation of Cheapest Variant

Thursday, 3 October 2024, 18:00

Tesla Model 3's cheapest variant is discontinued, leaving buyers to consider pricier options. With the Standard Range gone, the Long Range model emerges as the new entry point for consumers.
Mashable
Tesla Model 3 Sees Discontinuation of Cheapest Variant

Tesla Model 3 Standard Range Discontinued

Tesla Model 3's cheapest variant, the Standard Range, is no longer available in the U.S. market. Priced at $38,990, it was the most affordable option in Tesla's lineup, featuring a single rear motor and reduced range. Its absence was noted by Electrek on Wednesday, indicating changes in Tesla's online configurator.

Now, the entry-level choice shifts to the $42,490 Model 3 Long Range Rear-Wheel Drive, which offers enhanced range and a larger battery pack while still retaining a single motor setup.

Possible Reasons for the Change

  • Coincided with Tesla's quarterly earnings report.
  • The company delivered 426,890 vehicles, showing minor discrepancies with expectations.
  • The discontinuation may relate to increased tariffs on Chinese battery cells used in the Standard Range Model.

  Federal tax credits could make the Model 3 Long Range Rear-Wheel Drive more appealing, pricing it at an effective $34,990 after credits.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Subscribe to our newsletter for the latest insights and trends from around the world. Stay informed and elevate your global perspective effortlessly.

Subscribe