Tesla has stopped selling the sub-$40,000 standard-range Model 3, making the Long Range RWD the cheapest option at $42,490 amid a market struggles.
The discontinuation of the Model 3 Standard Range follows a trend of Tesla frequently adjusting prices and trims as competition increases and sales drop.
Tariffs on Chinese batteries might drive up costs for Tesla, which previously relied on cheaper lithium iron phosphate cells in the Standard Range Model 3.
Tesla is reportedly exploring a new affordable vehicle option, possibly a no-frills version of the Model 3, aimed for release in late 2025.
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