Tesla brings the Model 3 Long Range RWD to the US for $42,490

Federal Tax Credits News

Tesla brings the Model 3 Long Range RWD to the US for $42,490
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Steve should have known that civil engineering was not for him when he spent most of his time at university monkeying with his 8086 clone PC. Although he graduated, a lifelong obsession of wanting the Solitaire win animation to go faster had begun.

with 363 miles of range that will cost less than $35,000 after federal tax credits . The Model 3 Long Range Rear-Wheel-Drive is now on Tesla 's configurator with deliveries slated between July and August 2024.

Performance-wise, it fits between the base model and Long Range AWD option, with a 125 MPH top speed and 0-60 time of 4.9 seconds. The AWD option is a $5,000 upgrade, though, so you're paying a lot for an extra 0.7 seconds of acceleration. For comparison, Hyundai'sThe Model 3 Long Range RWD is now Tesla's cheapest EV, if you take the tax credit into account.

The new model arrives amid a decline in EV battery prices. The price for LFP cell in China dropped over 51 percent to $53 per kWh over the last year,recently reported. That in turn has led to LFP battery packs at $75 per kWh, meaning EVs can be priced the same or less than combustion vehicles in China. Western efforts to match China's battery production will only increase overcapacity and likely keep prices down.in the US.

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