According to the official website, the electric car giant has launched a rear-wheel drive Model 3 with a long battery life, which is $5,000 cheaper than the all-wheel drive model. The starting price for the new long-range rear-wheel drive model is $42,490, with a $7,500 federal electric vehicle tax credit, bringing the actual price down to $34,990, or less than the cheapest Model 3 model.$Tesla (TSLA.US)$The electric car giant has launched a long-range rear-wheel drive model of the Model 3, which is $5,000 cheaper than the all-wheel drive model. The starting price for the new long-range rear-wheel drive model is $42,490, with a $7,500 federal electric vehicle tax credit, bringing the actual price down to $34,990, or less than the cheapest Model 3 model.
![](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240712/40704167-0-5911ac4dd7bb61e168ba2e449ce9d99f.jpg/big)
The prices of the basic Model 3, long-range all-wheel drive, and high-performance versions have not changed.
It is reported that the vast majority of Tesla's total delivery volume comes from Model 3 and Model Y. In the second quarter, 95% of global deliveries were contributed by 422,405 units of Model 3 and Model Y.
In April of this year, Tesla lowered the prices of its Model Y, S, and X cars by $2,000 in the United States.
In addition, the electric vehicle manufacturer has also significantly reduced prices in other major countries, including China and Germany, in response to the adverse effects of slowing demand and increasing competition.
The company will release its second quarter financial report on July 23. Yesterday, as Tesla pushed back the Robotaxi presentation from August to October, the stock price fell 9% at one point during trading before ultimately closing down 8%.
Edited by Jeffrey