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The $35,000 Model 3 is no more. Tesla raises prices slightly
New York (CNN Business)The $35,000 Tesla proved to be very short-lived -- less than three months, start to finish.The company confirmed Tuesday it raised the price of the cheapest Model 3 by $400 to $35,400. It only started taking orders for the cheapest version of the car at the end of February.The company had long promised it would bring all-electric vehicles to the masses with a $35,000 version of the Model 3. But for most of the first two years of Model 3 production, it built only more expensive models, as it tried to increase its cash flow and post back-to-back profitable quarters for the first time in its history.
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Generic placeholder image
The $35,000 Model 3 is no more. Tesla raises prices slightly
New York (CNN Business)The $35,000 Tesla proved to be very short-lived -- less than three months, start to finish.The company confirmed Tuesday it raised the price of the cheapest Model 3 by $400 to $35,400. It only started taking orders for the cheapest version of the car at the end of February.The company had long promised it would bring all-electric vehicles to the masses with a $35,000 version of the Model 3. But for most of the first two years of Model 3 production, it built only more expensive models, as it tried to increase its cash flow and post back-to-back profitable quarters for the first time in its history.
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