Tesla Launches New Rear-Wheel Drive Model 3 Variant

Tesla has introduced a new rear-wheel drive form of its Model 3 long-range vehicle, priced at $42,490.

Tesla has introduced a new rear-wheel drive form of its Model 3 long-range vehicle, priced at $42,490.
Tesla has introduced a new rear-wheel drive form of its Model 3 long-range vehicle, priced at $42,490.

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.

James Adam

James Adam, a noted business writer for CEO Times Magazine, specializes in insightful industry analysis and executive profiles. Known for his clear, concise style, James offers readers an expert perspective on global business trends and market dynamics.

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