Elon Musk Finally Announces the $35,000 Tesla Model 3, but It's Actually $36,200

Joey Capparella
Photo credit: Tesla

From Car and Driver

The long-awaited "$35,000" version of the Tesla Model 3 is finally real. There's a new Standard Range version of the electric car that has 220 miles of range and officially stickers at $36,200 with destination. It's orderable now on Tesla's website and delivery is estimated at two to four weeks.

The cheapest version of the Model 3 has rear-wheel drive and a Standard Range battery. There is also a Standard Range Plus model for $2000 extra that has 240 miles of range and additional equipment. Tesla quotes the prices of these new models at $26,950 and $28,950, but those includes estimated gas savings and the $3750 tax credit.

To get to that low price, the base Model 3 has manually adjustable seats and steering column, cloth upholstery, a stripped-out center console, and a more basic audio system. It still supposedly has a glass roof and the same huge central touchscreen display that dominates the dashboard.

Photo credit: Tesla

Leading up to the announcement, Tesla halted orders on its website for the Model 3, Model S, and Model X. Musk also changed his Twitter profile picture to a black Model 3. A page on the Tesla website said "The wait is almost over. Great things are coming at 2pm."

('You Might Also Like',)