Business News
Home > Business News
Tesla pulls brakes on cheapest $35,000 Model 3 car
TIWN
TIWN
PHOTO : TIWN
San Francisco, Nov 18 (TIWN) The electric car-maker Tesla has pulled the brakes on its cheapest $35,000 Model S, which will be replaced by the new 2021 Model 3 models for which the price is yet to be announced.
Electrek reports that Tesla has decided not to sell the $35,000 version of its Model 3 altogether.
"Sources familiar with the matter told Electrek that Tesla informed its staff that they weren't allowed to 'downgrade' new 2021 Model 3 vehicles to 'Standard Range' and sell them for $35,000," the report mentioned on Monday.
Add your Comment
Comments (0)
More Business News
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals