Tesla finally offers Model 3 at $35,000


A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing, China April 25, 2018Image copyright
Reuters

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A Tesla Model 3 car is displayed at the Auto China 2018 motor show

Tesla on Thursday said it would start accepting orders for its Model 3 in the US at a price of $35,000 (£26,400), finally delivering on a promise it made more than two years ago.

To make the lower price “financially sustainable”, the firm said it was shifting to an online-only sales model.

The electric car company announced the Model 3 car in 2016 as an alternative to its luxury offerings.

However, it did not initially offer the car at the $35,000 price promised.

The average cost of a new car in the US was more than $36,000 last year.



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