Tesla launches new $45,000 version of it Model 3 sedan

Tesla Inc on Thursday introduced a new $45,000 version of its Model 3 sedan on its website, launching the car as US tax breaks for Tesla cars are about to decrease.

A Tesla supercharger sits on display at the Paris auto show in Paris, France, October 2, 2018. The electric car company has said that it would not manufacture the base-level version of the Model 3 this year.
A Tesla supercharger sits on display at the Paris auto show in Paris, France, October 2, 2018. The electric car company has said that it would not manufacture the base-level version of the Model 3 this year.

According to the website, the rear-wheel-drive model has a "mid range" battery, a range of 260 miles, 50 miles less than the long-range battery that the more expensive Model 3 is equipped with.

The new version has a delivery period of six to 10 weeks, according to the website, which would customers eligible for the current $7,500 US tax credit if they take delivery by the end of the year. The tax credit for Tesla cars will drop by half on Jan. 1.

Also check these Cars

Find more Cars
Tesla Model 3 (HT Auto photo)
UPCOMING
₹70 - 90 Lakhs* *Expected Price
View Details
Tesla Model S (HT Auto photo)
UPCOMING
₹70 Lakhs - 1 Cr* *Expected Price
View Details
Mercedes-benz Eqe (HT Auto photo)
UPCOMING
₹70 - 90 Lakhs* *Expected Price
View Details
Mercedes-benz Eqb (HT Auto photo)
₹74.5 Lakhs**Ex-showroom price
Add to compare
Check latest offers
Lexus Ux 300e (HT Auto photo)
UPCOMING
₹75 - 85 Lakhs* *Expected Price
View Details
Bmw X5 (HT Auto photo)
₹75.5 - 90.9 Lakhs**Ex-showroom price
Add to compare
Check latest offers

Although Tesla has promised a base-level version of the Model 3 priced at $35,000, so far it has only produced higher-cost versions starting at about $49,000. Tesla has said that it would not manufacture the base-level version of the Model 3 this year.

Adding the mid-priced version of the Model 3 appears to be a strategic way to lure possible buyers who had been waiting for the lower-priced version. It is not clear how many of the more than 400,000 reservations for the Model 3 are for the base models.

First Published Date: 19 Oct 2018, 14:56 PM IST
Recommended for you
View all
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
55% OFF
SOFTSPUN Microfiber Cloth - 4 pcs - 40x40 cms - 340 GSM Grey- Thick Lint & Streak-Free Multipurpose Cloths - Automotive Microfibre Towels for Car Bike Cleaning Polishing Washing & Detailing…
Rs. 269 Rs. 604
21% OFF
Involve Your Senses One Musk Organic Car Perfume, Involve Your Senses Strong Fiber Air Freshener to Freshen'up Your Car - IONE01-40 g,Car Accessories interior car perfumes and fresheners
Rs. 315 Rs. 399
73% OFF
pTron Bullet Pro 36W PD Quick Charger, 3 Port Fast Car Charger Adapter - Compatible with All Smartphones & Tablets (Black)
Rs. 349 Rs. 1,299
13% OFF
Jopasu Car Duster
Rs. 754 Rs. 869

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city