- Image courtesy of Tesla

    Tesla waves goodbye to 'cheap' Model 3

    So long, sweet prince. You will be dearly missed.

    1w ago

    10.2K

    The days of the cheap Tesla are gone, at least temporarily. Electrek reported yesterday that Tesla will stop selling the $35,000 Model 3 with the upcoming 2021 model year refresh. The Model 3 was the cheapest model in the company's lineup. This is not the first time that the poor Model 3 has gotten the axe either.

    Before this, the Model 3 was getting increasingly hard to find as Tesla stopped listing it for sale on the website. They then only made it available "off-menu" for $38,000 with a $3,000 discount to bring it down to $35,000. This did come with some software-locked features though so it wasn't the "full" Model 3.

    Image courtesy of Tesla

    Image courtesy of Tesla

    According to Electrek's unnamed sources, Tesla informed employees to no longer offer the discount for the new 2021 Model 3, thus killing the downgraded $35,000 "Standard Range" model.

    The Model 3 was part of Elon Musk's original plan to bring people a desirable electric sports car and use the money from that to build other models, including "affordably priced family cars." I didn't make that up, Elon himself said it!

    Nowadays, the Model 3 Standard Range Plus starts at $37,990, the Long Range starts at $46,990, and the Performance starts at $54,990.

    Image courtesy of Tesla

    Image courtesy of Tesla

    Now at the beginning, I said that the loss of a cheap Tesla is only temporary; that's thanks to the introduction of tabless 4860 battery cells. Back in September, Elon announced this new design of battery cells that could cut the manufacturing cost of Tesla batteries in half per kWh. Using this new technology, Tesla plans to have a $25,000 model by 2023. Ambitious? Yes. Impossible? Who knows?

    What do you guys think? Can Tesla make a $25,000 car? Were they right to kill the Model 3? Let us know in the comments below!

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    Comments (24)

    • At the rate we've been printing money this year, $25,000 in 2020 will probably work out to $35,000 in 2023, adjusting for inflation. So, that should make the goal a bit easier to hit.

        9 days ago
    • It’s astonishing that one can purchase a Model 3 Performance for only $55K. It has to be the performance bargain of the millennium.

        9 days ago
      • Camaro ZL1 would like to disagree. $20k more but better looking, drives better, and sounds better. Like a real car!

          6 days ago
    • Tesla is so massive here anyway that people wont even tell the difference lol

        9 days ago
    • It was really a bit too basic for the price and those contemplating a Model 3 just weren't buying them. I think it's main reason for existence was to give a really low starting price for the model range, not an expectation of high sales of that model. As it was, Tesla had to up spec most of them to '+' spec anyway on the production line. As a Company, Tesla is VERY fast in responding to market forces. It still cannot build cars fast enough to fulfil demand, which explains why selling a bare bones cheapo version makes no sense at all. They have been reducing the price of their cars while increasing range and spec for years now, so until the upcoming (as yet only hinted at) Model '2' is announced, the lower price bracket market is left to whomever... increasingly from Chinese manufacturers.

        8 days ago

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