Wednesday, 6 February 2019 () DETROIT (AP) — Tesla is cutting $1,100 from the base price of its car designed for the mass market, the Model 3. The electric car company now says on its website that the car starts at $42,900, still a ways from its goal of lowering the base price to $35,000. Tesla cut 7 percent of its workforce last month to trim costs and reduce the price of the car. CEO Elon Musk says the Model 3 must be competitive with gasoline-fueled cars for the company to succeed. For $42,900 buyers will get a rear-wheel-drive Model 3 in black with Tesla's lower-range battery that goes 264 miles per charge. The price doesn't include federal and state tax credits. The federal credit is now $3,750, but that expires at the end of the year.
FILE PHOTO - A 2018 Tesla Model 3 electric vehicle is shown in this photo illustration taken in Cardiff, California, U.S., June 1, 2018. REUTERS/Mike Blake/File Photo (Reuters) - Electric carmaker Tesla Inc is lowering the price of its Model 3 by $1,100, citing the end of a costly customer referral...
Whole Foods Raises the Price on Hundreds of Items According to the 'Wall Street Journal,' the price hike has affected over 550 products. On average, the increase is around 66 cents. Whole Foods says it..
Tesla Inc said on Wednesday it was lowering the price of its Model 3 sedan for the second time this year, moves that come in the wake of Tesla losing a tax credit that made its cars more affordable for..
If you visit Model 3's "Design Your Car" page, you'll notice that it looks a bit more affordable than before. Tesla has lowered its price across versions by... engadget Also reported by •OilPrice.com •The Verge