Business

Tesla pulls the plug on Model 3 standard edition, deluxe version in the offing

The electric car-maker Tesla has pulled the brakes on its cheapest $35,000 Model S, which will be replaced by the new 2021 Model 3 models for which the price is yet to be announced.

migrator

San Francisco

Electrek reports Tesla has decided not to sell the $35,000 version of its Model 3 altogether.

“Sources familiar with the matter told Electrek that Tesla informed its staff that they weren’t allowed to ‘downgrade’ new 2021 Model 3 vehicles to ‘Standard Range’ and sell them for $35,000,” the report mentioned.

The Elon Musk-run company in 2019 launched the Model 3 Standard Range version for $35,000 — delivering on a promise made long ago. “However, the electric carmaker moved away from the product just a few months after launching it.”

It stopped listing the $35,000 version of the Model 3 or even producing it.

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