You Can Finally Order Tesla's New Model 3 In America: What It Costs And How To Unlock A $7,500 Discount
Portfolio Pulse from Anan Ashraf
Tesla Inc. (NASDAQ:TSLA) has launched the new Model 3 in North America with the same starting prices as the previous version. The rear-wheel drive model is priced at $38,990 and the Long Range version at $45,990, with estimated ranges of 272 miles and 341 miles respectively. The new Model 3, however, is not eligible for the federal EV tax credit of $7,500.
January 10, 2024 | 5:09 am
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NEUTRAL IMPACT
Tesla Inc. has released the new Model 3 in North America, maintaining the starting prices of the older model, but the vehicle does not qualify for the federal EV tax credit.
The introduction of a new Model 3 variant could potentially boost sales and interest in Tesla's product lineup, maintaining consumer excitement. However, the lack of eligibility for the federal EV tax credit could dampen some consumer enthusiasm and may slightly counterbalance the positive impact of the new release. The net effect on the stock price is uncertain, hence a neutral score is given.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100