It’s finally here! That tempting $35,000 entry point to the Tesla Model 3 range which has been talked about for years has finally gone on sale. And although it’s now the entry-level model, there’s nothing ‘entry-level’ about the performance of the new Model 3 ‘Standard Range’.
It’ll hit 60mph from rest in just 5.6 seconds, and go on to a top speed of 130mph. In terms of range, it’s good for up to 220 miles. It doesn’t come with the Autopilot driver assistance system, but it’ll be possible for owners to upgrade further down the line. It’ll have only a cloth interior, a fancy panoramic glass roof is part of the standard spec.
If you’re willing to pay $37,000, you’ll be able to get yourself into a ‘Standard Range Plus’, which has a 240-mile range, a 0-60mph time of 5.3 seconds, and a 140mph top speed. The next step up is the existing Mid Range Model 3 with a 264-mile range and a $40,000 price tag.
To put that in some sort of context, the Polestar 2, set to be the Model 3’s closest rival, will be $55,500 for the fully-loaded launch edition car - a little less than a Model 3 Performance. There will, however, be a lower-priced 2 which should come in closer to the price of the Mid Range Model 3.
Tesla CEO Elon Musk said on Twitter that the lower-priced 3 will arrive in Europe in around six months’ time, landing in Asia in about six to eight months depending on the status of the Shanghai Gigafactory.
Coinciding with the Model 3 Standard Range reveal, Musk also announced that Tesla is shifting to online sales only. Many of the company’s existing stores will be re-purposed to act as showcases for Tesla products, but some will be closing with job losses.
In a bid to replace traditional test drives, Tesla is now offering customers a penalty-free refund within a week or a 1000 miles of delivery.