Tesla's New Model 3 Performance Exceeds Expectations With 303-Mile EPA Range
Portfolio Pulse from Anan Ashraf
Tesla's new Model 3 Performance variant has exceeded expectations with an EPA-estimated range of 303 miles, higher than the initial estimate of 296 miles. The vehicle, now priced at $54,990, is eligible for a $7,500 federal EV tax credit, making it more affordable for eligible buyers.

May 22, 2024 | 12:07 pm
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Tesla's new Model 3 Performance variant has an EPA-estimated range of 303 miles, exceeding initial estimates. The vehicle's price has increased to $54,990 but remains eligible for a $7,500 federal EV tax credit.
The new Model 3 Performance variant exceeding its range expectations is a positive development for Tesla, likely boosting investor confidence. The price increase and eligibility for a federal tax credit make it an attractive option for buyers, potentially driving sales and positively impacting TSLA stock in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100