Tesla Launches New $45,000 Model 3

Tesla Launches New $45,000 Model 3
A man walks near a logo of Tesla outside its China headquarters at China Central Mall in Beijing, China Jul. 11, 2018. Reuters/Jason Lee
Reuters
Updated:

Tesla Inc on Oct. 18 introduced a new $45,000 version of its Model 3 sedan on its website, launching the car as U.S. tax breaks for Tesla cars are about to decrease.

According to the website, the rear-wheel-drive model has a “mid range” battery, a range of 260 miles, 50 miles less than the long-range battery that the more expensive Model 3 is equipped with.