Tuesday, 23 April, 2019

Tesla cuts price of Model 3 - but not to $35K

Tesla Model 3s hit Europe but their Autopilot feature is disabled People walk past a Tesla dealership in Berlin
Priscilla Morrison | 12 February, 2019, 22:11

A user Tweeted to Elon Musk about how pets inside the cars need a comfortable temperature to be maintained.

In a move that will surely delight his many European fans, Elon Musk said he is in Europe this weekend for the launch of the Tesla Model 3 and plans to visit Norway, the carmaker's third-biggest market.

Besides, a federal tax break began to offset for Tesla in January, which immediately raised the vehicle price by $3,750, and as an aftermath, Tesla on Tuesday, the 5th of February, declared that they had trimmed the prices of all Model 3 cars by $1,100, following a previous transfixing of Model 3 prices as much as $2000 earlier in January.

While two new security features are certainly practical uses for the Tesla team to develop and provide to its customers, the Dog Mode also reflects on a growing interest in using modern tech developments to enhance the raising and care of domestic animals.

More news: State of emergency: Polar bears take over island - CBBC Newsround

And yesterday, a Tesla owner wrote to Musk and said his vehicle had been broken into twice in the past two months.

At the Model 3 launch in July 2017, Musk said over half a million buyers had put down deposits on the new vehicle. Musk said last week a $35,000 version that could be sold profitably was perhaps six months away.

Musk has said Tesla has multiple ways of stoking demand, if it chose to, such as offering leases or boosting marketing efforts. As we reported earlier this week, the first massive shipment of Tesla Model 3 vehicles arrived at the Zeebrugge port in Belgium. Each of the new entrant's first 200,000 buyers will be eligible for a full federal subsidy.

Having met that number already, the USA tax credit for Tesla buyers drops in half to $3,750 for the first six months of 2019, then falls by half again in the second six months.

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