Tesla is rolling out at a cheaper, mid-range Model 3 – TechCrunch



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You're here is now offering a new, cheaper mid-range battery version of the Model 3 that starts at $ 45,000 before federal tax incentives.

CEO Elon Musk the new variant, which has reached an estimated range of 260 miles, via Twitter. The company's website has already been updated. Customers in the U.S. can order the mid-range version as of today and it will be available in Canada as well.

Tesla model 3 mid-range

Musk tweeted that the mid-range Tesla Model 3 costs $ 35,000 after federal and state tax rebates in California.

However, for customers to realize the full $ 7,500 federal tax incentive, they must take delivery of the electric vehicle by December 31, 2018. The delivery estimate for the mid-range version is 6 to 10 weeks late October or early November should still be able to get the full tax credit.

Earlier this year, Tesla delivered its 200,000th electric vehicle. The achievement activated a countdown for the $ 7,500 federal tax credit. 200,000 qualifying vehicles in the U.S. Under these rules, Tesla customers must take delivery of their new Model S, Model X or Model 3 by December 31.

Musk explained in a follow-up that the mid-range vehicle is outfitted with a long-range battery that has fewer cells. "Non-cell portion of the pack is disproportionately high, but we can get it done now instead of February," he wrote.

It should be noted that while this mid-range battery model is cheaper than the dual-range model 3 and the performance versions, it's still not the $ 35,000 base-spec Model 3 (before incentives) that was originally promised. That low-cost model, which will feature a different battery, will not be available for 4 to 6 months.

"As Model 3 production and sales continues to grow rapidly, we have achieved a steady volume in manufacturing capacity," Tesla spokesperson said in an emailed statement. "Our new Mid-Range Battery is being introduced in the US and Canada to better meet the needs of the many customers of the United States. Model 3, Standard Battery is 4-6 months. "

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