21st March 2019
EP Desk

 

Tesla said recently its Model 3 — heralded as an electric car for the masses—is available for order online only, at a price of $35,000 with delivery promised within a month.

 

The announcement fulfills a vision of Tesla founder and chief Elon Musk, who has touted a more affordable electric car as part of his vision of weaning drivers from gasoline-powered vehicles.

 

The Model 3 was to be priced at $35,000 when Tesla first began taking orders in 2016, but the cheapest version before today was about $10,000 more expensive despite price cuts that followed reductions in the US federal tax credit for vehicles not burning fossil fuels.

 

Musk described the Model 3 early on as “the final step in the master plan: a mass market, affordable car.” 


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