Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Tesla knocks $1,100 off price of the Model 3

SeattlePI.com 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.
0
shares
ShareTweetSavePostSend
 
Credit: Wochit Business - Published < > Embed
News video: Tesla Lowers Model 3 Price To $42,900

▶ Tesla Lowers Model 3 Price To $42,900 00:48

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...

You Might Like


Recent related videos from verified sources

Whole Foods Raises the Price on Hundreds of Items [Video]Whole Foods Raises the Price on Hundreds of Items

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..

Credit: Wibbitz Studio     Duration: 01:15Published

Tesla Rushes Model 3s To China Before Trade War Truce Expires [Video]Tesla Rushes Model 3s To China Before Trade War Truce Expires

At least three ships roughly the length of two football fields are slated to arrive at ports in China by the end of this month, each carrying precious cargo from Elon Musk. Tesla Inc. is loading as..

Credit: Wochit News     Duration: 00:52Published

Tesla Rejects Blame For Model X Crash [Video]Tesla Rejects Blame For Model X Crash

The driver of a Tesla Model X told New Jersey police he veered off the road and crashed because the Autopilot system malfunctioned. According to Digital Trends, Tesla denies the claims. The accident..

Credit: Wochit     Duration: 00:33Published

Tesla expected to roll out 'Dog Mode' [Video]Tesla expected to roll out 'Dog Mode'

Tesla is expected to update its Model 3 vehicles with a new Dog Mode feature. Last October a tweet was sent to Tesla CEO Elon Musk asking if he could put a dog mode on the Tesla Model 3, “Where the..

Credit: Rumble     Duration: 01:30Published

Tesla expected to roll out 'Dog Mode' [Video]Tesla expected to roll out 'Dog Mode'

Tesla is expected to update its Model 3 vehicles with a new Dog Mode feature. Last October a tweet was sent to Tesla CEO Elon Musk asking if he could put a dog mode on the Tesla Model 3, “Where the..

Credit: WPTV News | West Palm Beach     Duration: 01:29Published

Tesla's Biggest Non-Musk Shareholder Just Cut Its Stake In Half [Video]Tesla's Biggest Non-Musk Shareholder Just Cut Its Stake In Half

T. Rowe Price, formerly Tesla's largest institutional shareholder, cut its stake in half in the fourth quarter, a regulatory filing showed on Monday. According to Business Insider, the filing showed..

Credit: Wochit     Duration: 00:46Published

Can Spirit Airlines Save Portfolios in 2019? [Video]Can Spirit Airlines Save Portfolios in 2019?

Spirit Airlines , the leading low-cost airline carrier in America, is setting its sights on continuing to raise the price of its shares in 2019. After ringing the bell on Monday, CEO Ted Christie..

Credit: The Street     Duration: 02:57Published

Tesla Once Again Cuts Price Of Model 3 [Video]Tesla Once Again Cuts Price Of Model 3

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..

Credit: Wochit     Duration: 00:50Published

Tesla And Honda — Why They're A Lot Alike [Video]Tesla And Honda — Why They're A Lot Alike

Although many think of Tesla as a tech company, Business Insider says that it could actually grow to be more of a legacy car company, like Honda. In fact, they talk about how much the car companies..

Credit: Wochit Business     Duration: 00:53Published

Tesla N.America Model 3 reservation list exhausted - sources [Video]Tesla N.America Model 3 reservation list exhausted - sources

A Reuters exclusive report shows the long Model 3 reservation list boasted by Tesla CEO Elon Musk has been plucked clean of current buyers in North America for now. Michelle Hennessy reports.

Credit: Reuters Studio     Duration: 01:55Published


Recent related news from verified sources

Tesla knocks $1,100 off price of the Model 3

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...
SeattlePI.com

Tesla has lowered its price for the Model 3, but the cheaper version is still months away (TSLA)

Tesla has lowered its price for the Model 3, but the cheaper version is still months away (TSLA)
· *Tesla has lowered the price of its Model 3 to $42,900. Elon Musk said via Twitter on Wednesday that the vehicle comes to $35,000 after tax credits and fuel...
Business Insider

Tesla cuts Model 3 prices once again as US government phases out tax credits

Tesla Inc (NASDAQ:TSLA) has cut the price of its Model 3 for the second time this year as it looks to prop up demand for its first mass-market electric car. US...
Proactive Investors Also reported by •Futurismgeek.comWall Street JournalMailOnlineThe VergeWorldNewsengadget

Elon Musk: Model 3 price now starts at $35k -- after incentives

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.comThe Verge

Tweets about this


Other recent news in Business

AMAZON cancels New York City campus planWhat People Are Saying About Amazon’s Breakup With New YORK CITY
Reporter's Notebook: On VALENTINE's Day, Amazon just wants to be lovedThe Wrap: AMAZON DROPS NYC, Kroger shutters its bakery, Ohio State's growing plans and an Oprah-baked restaurant comes to town (Video)
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest