Elon Musk, President and CEO of Tesla, tweets around $ 35,000 on Model 3, but not on base model



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Tesla CEO Elon Musk announced on Twitter that a new variant of the company's Model 3 electric sedan was on sale today.

Tweet

On the company's website, this model 3 has a base price of $ 45,000, but it is announced that its cost is $ 30,700 after the estimated savings, which includes incentives and fuel savings. It will have an estimated range of 260 miles.

In a statement, Tesla told CNBC: "While Model 3 production and sales continue to grow rapidly, we have achieved a stable volume of production capacity, which allows us to diversify our product offering to even more Our new midrange battery is being introduced this week in the US and Canada to better meet the varied needs of many customers who want to own the Model 3, and our delivery estimate for customers who ordered the standard battery. is 4 to 6 months. "

Musk tweeted that this model 3 uses a battery with fewer cells than those included in previous versions of Tesla's electric sedan.

Tesla promised that the model 's worst model 3 would be available at a purchase price of about $ 35,000. He has not yet offered this low cost model.

In its latest report on vehicle production and deliveries, Tesla said it produced 53,239 model 3 vehicles in the third quarter, in line with its forecast.

Correction: The initial version of this story did not describe the lowest price for the new model. It's $ 45,000.

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