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  • Engadget

    Tesla's promised $35,000 Model 3 is still a long way off

    by 
    Steve Dent
    Steve Dent
    05.22.2018

    When Tesla first unveiled the Model 3, it pitched it as an EV for the masses that would have a reasonable $35,000 price. Ten months after the first deliveries, however, the cheapest version costs $49,000, and Tesla just announced a hot rod AWD Model 3 that will cost $78,000 -- more than the Model S 75D. That situation isn't going to change anytime soon, either -- CEO Elon Musk recently tweeted that the $35,000 Model 3 now won't ship until three to six months after Tesla achieves its 5,000 vehicle-per-week production goal.