Tesla cuts Model Y, Model 3 prices
Tesla cuts US prices for Model Y Long Range and Performance models by $3,000 each and the price of the Model 3 Rear-wheel Drive by $2,000 to $39,990, the sixth time it has lowered US prices this year. Tesla has cut prices of its base Model 3 by 11% so far this year and its base Model Y by 20% — moves that come as the United States, its largest market, prepares to introduce tougher standards that will limit EV tax credits.
Reveals timeline for Model 3
in an earnings call Musk reveals a tentative schedule for the Model 3, which is expected to cost $35,000 before government subsidies, saying the company plans to unveil the model in March 2016, and a sale date of mid 2017, but probably later.
I mean, we are hoping to show off the Model 3 in approximately March of next year. Again, like, don’t hold me to that month, but that’s, like — that’s our aspiration.