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Tesla Unveils New “Model 3” With ‘mid-range’ Battery Pack

Tesla is also now making the white interior available with all configurations and it is changing the name to "black and white interior"

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Tesla, board
Tesla to lay-off 7% full-time staff amid China dreams. Pixabay

Electric car maker Tesla has announced a version of “Model 3” with a new ‘mid-range’ battery pack for $45,000 before incentives.

The new version, which was never announced, is coming as a surprise and it changes the whole pricing structure of “Model 3”, Electrek reported on Thursday.

“Costs $35k after federal and state tax rebates in California, but true cost of ownership is closer to $31k after gas savings,” Tesla CEO Elon Musk wrote on Twitter.

While many reservation holders are waiting for the base version of the “Model 3” with a standard battery starting at $35,000, Tesla is coming out of nowhere with this unannounced new option.

“Model 3” has been available for over a year now with the ‘Long-Range’ battery pack version for 310 miles of range.

Without any option, the vehicle started at $49,000 — significantly more than the $35,000 base price promised by Tesla, but the company always promised that a base version was coming soon.

Elon Musk, tesla
Tesla CEO, Elon Musk. (Wikimedia Commons)

Instead of that version, Tesla is now launching a ‘mid-range’ battery with 260 miles of range for $45,000, according to an update to the Model 3’s online design studio.

With the launch of the new battery pack option, Tesla is making several changes to the Model 3’s price and option structure.

The main change is that the rear-wheel-drive option is now only available with the new mid-range pack and now the Long-Range pack only comes with a dual motor all-wheel-drive powertrain.

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“Tesla rear wheel drive cars do actually work well on snow & ice. We did our traction testing on an ice lake! Dual motor AWD is great, but not required for cold weather. Just don’t use sport/summer tires,” Musk wrote in an another tweet.

The price of the dual motor all-wheel-drive powertrain has been changed again. It’s now back to $5,000 — resulting in a new base price for the Long Range “Model 3” of $54,000.

Tesla is also now making the white interior available with all configurations and it is changing the name to “black and white interior”. (IANS)

Next Story

Electric Vehicle Maker Tesla Has Not Met CEO Elon Musk’s Q2 Production Goal

However, despite many missed deadlines and sales figures for previous quarters, the EV maker could be well on its track to having a record sales in Q2, delivering a thousand cars per day on average this month

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Tesla CEO Elon musk, board
Tesla CEO Elon Musk. (VOA)
Electric Vehicle (EV) maker Tesla has not met CEO Elon Musk’s second quarter (Q2) record production goal, according to media reports.
“At the end of May, a leaked email reportedly sent by Elon Musk to Tesla employees suggested that the electric vehicle maker had a good chance of making Q2 the highest deliveries and sales quarter in its history.
“An email believed to be sent to all Tesla employees by Musk on May 22 appeared on message boards, after a growing number of investment banks and analysts outlined bear case scenarios for the EV maker,” the Oilprice.com reported on Wednesday.
Charging problems with electric car
Tesla cars recharge at a Tesla station at a shopping center in Charlotte, N.C., June 24, 2017. Buyers of Tesla’s luxury models have access to a company-funded Supercharger network. VOA
The email believed to be sent by the Tesla Chief Executive Officer (CEO) also said that the EV maker needs sustained production of 1,000 Model 3s every day in order to beat the previous record, while its production rate has averaged 900 Model 3s in the third week of May.
However, despite many missed deadlines and sales figures for previous quarters, the EV maker could be well on its track to having a record sales in Q2, delivering a thousand cars per day on average this month, according to a report in the Electrek. (IANS)