You Can Finally Order Tesla’s New Model 3 In America: Here’s Its Starting Price

EV giant Tesla Inc. TSLA introduced the all-new Model 3 in the North American market on Tuesday, maintaining the same prices as the older version of the vehicle.

What Happened: The new Model 3 rear-wheel drive starts at $38,990, while the Long Range version starts at $45,990. These vehicles boast estimated ranges of 272 miles and 341 miles, respectively.

The Performance variant, however, has not been listed on the website.

Why It Matters: The vehicle is not eligible for the federal EV tax credit of $7,500. But all versions of the Model Y continue to be eligible, making the Model Y rear-wheel drive and long-range versions cheaper than their Model 3 counterparts after tax credit.

Tesla introduced the refreshed Model 3 first in China in late August at a higher price than the older model. 

During its third-quarter earnings call last year, Tesla company did not reveal the timeline for the Model 3 Highland’s U.S. release and even refused to take questions on it, stating that they don’t answer product-related questions and timings on earnings calls.

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read Next: Investor Ross Gerber Bemoans Lack Of LLM On Tesla Cars After Volkswagen Announces ChatGPT-Integrated Voice Assistant

Photo via Shutterstock

Go Source