Tesla has launched a new rear-wheel-drive variant of its Model 3 long-range vehicle, priced at $42,490, which is $5,000 lower than the all-wheel-drive version, according to the electric vehicle maker’s website.
Price and Model Details:
The new Model 3 long-range variant offers customers a more affordable option without compromising range.
There have been no changes to the prices of the base Model 3, the long-range all-wheel drive, and the performance variants.
Q2 Vehicle Deliveries and Financial Outlook:
Tesla reported a smaller-than-expected 5% drop in vehicle deliveries in the second quarter. This decline was mitigated by price cuts and incentives aimed at sustaining demand amid market cooling.
The company will announce its second-quarter earnings on July 23, providing further insights into its financial performance and market strategy.