Posted On : 02 Mar, 2019
India, March 2, 2019 : Tesla is finally introduced the long-awaited $35,000 version of the Model 3 in the United States. The company said all car sales worldwide will be shifted to online only, further distancing itself from the dealership model that dominates the country's auto industry.
The company is currently making multiple versions of a “Standard Range” Model 3 that can travel around 220 miles on a single charge and be delivered within 2 to 4 weeks.
The new versions of the Model 3 will come with an all-glass roof, which wasn’t originally supposed to happen when the car was announced. But they will have manual, not power, seats. They will also come in black, and other colors will add to the cost. The new Model 3s will be available in Europe and China in “three to six months,” according to CEO Elon Musk.
Tesla last summer announced it had reached its goal of making 5,000 Model 3 sedans a week, but the only ones offered for sale were at luxury prices, turning many buyers away. Musk tweeted in May that selling the car for $35,000 would "cause Tesla to lose money & die."
The company said it will close "many" of its stores found across the country and shift all sales online, a move that will help the company lower vehicle prices by an average of 6 percent.