Finance
Tesla releases a $35,000 Model 3 after rebates
Matthew DeBord/BI
Tesla is finally offering a less expensive version of its Model 3 electric car.
The company has relased and is taking orders for a “lower cost, mid-range” version of its mass-production vehicle, Tesla CEO Elon Musk announced Thursday on Twitter. In California, the car will cost $35,000 after federal and state tax rebates, he added.
Costs $35k after federal & state tax rebates in California, but true cost of ownership is closer to $31k after gas savings
— Elon Musk (@elonmusk) October 18, 2018
Musk said Tesla has set up a new web page to take orders for the vehicle. On that page, customers can choose one of three versions of the Model 3 — the top-of-the-line performance version, the long-range battery one, and the new mid-range battery one.
Tesla’s new Model 3 order page.Tesla
To date, the company had only been offering more expensive versions of the car.
Get the latest Tesla stock price here.
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