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Tesla has stopped selling the cheapest Model 3 Standard Range model

Tesla has stopped selling the cheapest Model 3 Standard Range model
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Tesla has halted sales of its least expensive electric car: the Model 3 Standard Range Rear-Wheel-Drive. This is evident from the updated online configurator for the Model 3, which no longer features this version.

The Model 3 Standard Range Rear-Wheel-Drive was Tesla's most affordable electric vehicle available for purchase, priced at $39,000 (before tax credits).

Tesla frequently alters the specifications of its vehicles without making any announcements or providing explanations for these changes. However, in this case, it is quite likely that we can ascertain what happened and why.

The Model 3 Standard Range was the last Tesla vehicle to utilize lithium iron phosphate (LFP) battery cells from China. These batteries have recently faced increased import tariffs in the U.S., and they also complicate access to the $7,500 federal tax credit for electric vehicles. Tesla probably determined that this specific version would not remain competitive given the higher tariffs.

Now, the most affordable model from the manufacturer is the Model 3 Long Range Rear-Wheel-Drive, priced at $42,500. As a result, interested consumers will have to pay $3,500 more. In the U.S., there is hope for a federal tax credit, which could save buyers $7,500, meaning this vehicle would cost $35,000.

Source: electrek

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