Tesla Delivers on $35,000 Model 3 Promise

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The $35,000 Tesla Model 3 has arrived! The lower priced Model 3 may have been delayed, but it’s as groundbreaking as it would have been a year or two ago, and it’s well ahead of any comparably priced vehicles from other automakers.

The latest Tesla release comes with a redesigned interior and shorter battery life – 220 miles a charge compared with the 264 miles a charge that the midrange model has.

The electric automaker also released a new slightly boosted version of the Model 3, the Standard Range Plus, which gets 240 miles per charge and starts at $37,000.

Delivery of the vehicles will take about two to four weeks.

Tesla’s budget version of the Model 3 includes manual seat and steering adjustment, cloth seats and basic audio. It offers a top speed of 130 mph and can go from 0 to 60 mph in 5.6 seconds. Black is the only no-cost exterior color for the cheapest model.

Tesla also said it was shifting all of its sales to online. The move helps enable the company to lower all vehicle prices by about 6 percent on average, Tesla says.

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