Elon Musk announced lower cost, mid-range Tesla Model 3

TESLA: Elon mask announced the cheaper lower-cost version of Tesla Model 3 is in production coming to market soon. For Elon Musk Net Worth please visit thesquander.com.

The new version will have a starting price of $45,000, as it will be $4000 cheaper than the previous Model 3 available.

New Tesla Model 3 will have mid-range battery pack can take the car up to 260 miles on a single charge, The long range battery can last 310 miles, but those Tesla 3 Models have $54,000 starting price.

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Tesla Model 3

The previous Tesla Model 3 version will no longer available as the cheaper lower-cost and long run battery pack models introduced.

According to Tesla the new Model 3 with 210 miles battery pack will start at #35,000, won’t be available for the next four to six months in the United States.

The new version is not only cheaper in cost but also simple and elegant in design and also in features, as Tesla cuts trimmed it up to bring a lower-cost electric car to the market.

The people in the United States have already paid $1,000 for the booking for Tesla Model 3 (Latest Variant) and expected to delivery by February 2019.

Read More: Tesla says the crashed vehicle had been on autopilot prior to an accident

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