City
Epaper

Tesla pulls brakes on cheapest $35,000 Model 3 car

By IANS | Updated: November 17, 2020 13:45 IST

San Francisco, Nov 17 The electric car-maker Tesla has pulled the brakes on its cheapest $35,000 Model S, ...

Open in App

San Francisco, Nov 17 The electric car-maker Tesla has pulled the brakes on its cheapest $35,000 Model S, which will be replaced by the new 2021 Model 3 models for which the price is yet to be announced.

Electrek reports that Tesla has decided not to sell the $35,000 version of its Model 3 altogether.

"Sources familiar with the matter told Electrek that Tesla informed its staff that they weren't allowed to 'downgrade' new 2021 Model 3 vehicles to 'Standard Range' and sell them for $35,000," the report mentioned on Monday.

The Elon Musk-run company in 2019 launched the Model 3 Standard Range version for $35,000 — delivering on a promise made long ago.

"However, the electric carmaker moved away from the product just a few months after launching it".

It stopped listing the $35,000 version of the Model 3 or even producing it.

They, however, kept selling a Model 3 Standard Range Plus (now $38,000).

"Given the popularity of the Standard Plus relative to the Standard, we have made the decision to simplify our production operations to better optimize cost, minimize complexity and streamline operations," Tesla had said in a statement.

"As a result, Model 3 Standard will now be a software-limited version of the Standard Plus, and we are taking it off the online ordering menu, which just means that to get it, customers will need to call us or visit any one of the several hundred Tesla stores".

The Model 3 was originally touted as Tesla's first car for the mass market.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalPakistani security forces forcibly disappear three civilians in Balochistan

InternationalBangladesh rapidly sliding into an abyss of Islamic fundamentalism: Report

InternationalPakistan weaponising Bangladesh for anti-India operations: Report

Other SportsPranavi’s win against men at IGPL Mumbai wows Indian golf fraternity

CricketSmriti Mandhana's Haldi Ceremony Video and Photos Goes Viral, Cricketer Dances With Her Teammates

Technology Realted Stories

TechnologyRajasthan Police conference concludes with focus on technology, road safety

TechnologyMinistry will work on practical solutions to build more flexible, globally competitive SEZ framework: Commerce Secretary

TechnologyCommunity participation foundation of early disease detection and surveillance: Dr V K Paul

TechnologyIndia-UAE CEPA offers shared innovation, opportunity for startups: Envoy

TechnologyEarly action on AMR key to ensure infections remain treatable, surgeries stay safe: WHO