Tesla reduces prices for electric cars

Tesla reduces prices for electric cars

March 1, 2019 0 By autotimesnews

Tesla will close a significant part of its retail stores, preferring sales only through the Internet.

The remaining stores will be used as presentation galleries and Tesla information centers. As calculated by the company, this step, combined with other business optimization measures, will allow Tesla to reduce the price of all electric vehicles by an average of 6 percent.

In addition, the manufacturer of electric vehicles announced the start of sales of its sedan Model 3 at a price of 35 thousand dollars. Initially, the five-seater sedan sold for 42.9 thousand dollars. For three years the company has been trying to establish a more attractive price tag.

Tesla hopes that the new price will allow electric cars to enter the mass market.

Model 3 for 35 thousand dollars is designed for a distance of 350 kilometers. It reaches speeds of up to 209 kilometers per hour. At the same time, up to 96 kilometers per hour, the electric car accelerates in 5.6 seconds.

The company also offers more expensive versions of the Model 3: with an improved interior, with a more energy-consuming battery and with autopilot.

In 2019, it is projected to bring the weekly production of Model 3 to 7 thousand.