{"id":8033,"date":"2019-02-28T23:13:02","date_gmt":"2019-02-28T23:13:02","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/tesla-drives-down-price-for-model-3-to-35000\/"},"modified":"2019-02-28T23:13:02","modified_gmt":"2019-02-28T23:13:02","slug":"tesla-drives-down-price-for-model-3-to-35000","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/tesla-drives-down-price-for-model-3-to-35000\/","title":{"rendered":"Tesla drives down price for Model 3 to $35,000"},"content":{"rendered":"\n
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\"AImage copyright<\/span>
\n Reuters<\/span><\/p>\n

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Image caption<\/span>
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\n A Tesla Model 3 car is displayed at the Auto China 2018 motor show
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Tesla on Thursday said it would start accepting orders for its Model 3 in the US at a price of $35,000 (\u00a326,400), finally delivering on a promise it made more than two years ago.<\/p>\n

To make the lower price “financially sustainable”, the firm said it was shifting to an online-only sales model.<\/p>\n

The electric car company announced the Model 3 car in 2016 as an alternative to its luxury offerings.<\/p>\n

However, it did not initially offer the car at the $35,000 price promised.<\/p>\n

As recently as September, the average selling price was more than $50,000.<\/p>\n

However, the firm has shrunk the battery and reduced costs in other ways to hit the lower price and still protect profit margins.<\/p>\n