Advertisements

Tesla Slashes Price of Model 3 by $1,000

by

Today we get from Twitter that Tesla Slashes the Price of Model 3 by $1,000, Elon Musk CEO of Tesla said on social media

Tesla Slashes Price of Model 3 by $1,000
  • Tesla CEO Elon Musk announced on Twitter that the company would be slashing the price of its Model 3 electric car by $1,000.
  • The price cut will apply to all Model 3 variants, including the Long Range, Performance, and Standard Range Plus models.
  • The price cut is effective immediately for orders placed in the United States.
  • Musk said that the price cut was made possible by Tesla’s “significant progress” in reducing the cost of manufacturing its electric cars.
  • He also said that the price cut was “part of our mission to accelerate the world’s transition to sustainable energy.”
  • The price cut is the latest in a series of moves by Tesla to make its electric cars more affordable.
  • In 2021, Tesla slashed the price of its Model Y electric SUV by $3,000.
  • The company has also said that it plans to launch a $25,000 electric car in the next few years.

The price cut is likely to be welcomed by Tesla customers, who have been clamoring for a more affordable option from the company. It could also help to boost Tesla’s sales, which have been declining in recent months.

Also Read:

The price cut is also a sign that Tesla is confident in its ability to continue to reduce the cost of manufacturing its electric cars. This is important, as it will help the company to remain competitive in the growing electric car market.

Overall, the price cut is a positive development for Tesla and its customers. It is a sign that the company is committed to making its electric cars more affordable and accessible to a wider range of people.

4.3/5 - (3 votes)

Leave a Comment