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Tesla’s Model 3 strategy will keep price high | Business Insider

Among many other things, they discussed pricing for the forthcoming Model 3 mass-market car.

The car is going to cost $35,000, before tax credits and incentives. (Those could substantially lower the price, depending on where you live).

With that price tag, the Model 3 has already been labeled Tesla’s “mass-market” vehicle. It will be one-third the price of the luxurious Model S sedan and Model X SUV.

After Tesla reported earnings on Wednesday, CEO Elon Musk and his executive team joined analysts on a conference call.

Among many other things, they discussed pricing for the forthcoming Model 3 mass-market car.

The car is going to cost $35,000, before tax credits and incentives. (Those could substantially lower the price, depending on where you live).

With that price tag, the Model 3 has already been labeled Tesla’s “mass-market” vehicle. It will be one-third the price of the luxurious Model S sedan and Model X SUV.

Read complete article here:

Tesla’s Model 3 strategy will keep price high – Business Insider.

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