Tuesday, 23 April, 2019

Tesla Stops Selling $35,000 Model 3 Online

Tesla Model 3 Standard Range dropped from online configurator Tesla's $35,000 Model 3 is only available as a special order
Russell Knight | 13 April, 2019, 07:37

The Standard will have a range limited by 10%, and several features from the Standard Plus will be removed via software including Tesla's onboard music streaming service, navigation with live traffic visualization, and heated seats.

"Given the popularity of the Standard Range Plus relative to the Standard, we have made the decision to simplify our production operations to better optimize cost, minimize complexity, and streamline operations." . The Tesla configurator has a lease estimation tool for the three remaining Model 3 trims, and we've broken down a few of what we think are the key configurations, using a $3000 down payment for each.

In responding a follower on Twitter encouraged Tesla owners to buy a product that covers up a camera over the rear-view mirror of their cars, Musk, 47, confirmed for the first time that the goal of the camera was to record video when owners put their vehicle on the network. The carmaker is now backing away from its online-only ordering approach with the standard Model 3. Our assumption is that European and Chinese buyers will be able to order the base model in the same manner as in the United States - by calling or ordering from a Tesla store.

Tesla Inc. (TSLA.O) announced a series of changes to its vehicle lineup and pricing, including making it tougher to buy its newly available entry-level US$35,000 auto. Autopilot, which was as optional feature previously (costing $3,000), is now standard on the vehicles.

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The rear-wheel-drive Long Range Model 3 has also been removed from the website and joins the Standard Range Model 3 as an off-menu model that must be ordered in-store or on the phone.

Finally, leasing has come to the Model 3. Monthly payments vary from a little over $500 for the Model 3 Standard Range Plus to $889 for the Model 3 Performance. USA customers can choose from 10,000, 12,000 and 15,000 mile annual usage options, depending on their budgets and driving.

Here's where the leasing gets weird.

Lessees can choose leases at 10,000, 12,000, or 15,000 miles per year. Interestingly, Tesla said lease customers won't get the option to buy back their vehicles at the end of the term, because "with full autonomy coming in the future via an over-their-air software update, we plan to use those vehicles in the Tesla ride-hailing network", Tesla wrote.

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