Tesla Model 3 price drop makes entry-level car more affordable

Image Credit: Tesla

The Tesla Model 3 price has been reduced to $35,0000 (around £26,400, AU$49,300) with the introduction of a new version of the vehicle, as the firm closes physical stores and moves to online-only orders. Previously, the cheapest Model 3 was $42,900 (around £32,300, AU$60,400).

It means you'll no longer be able to walk into a Tesla showroom and order an all-electric Model S, X or 3, which also means no ability to test drive the vehicles. 

However, you'll now be able to return your new Tesla within seven days (or 1000 miles, whichever comes first) for a full refund if you're not happy with it.

As Tesla says in its official news announcement, "Quite literally, you could buy a Tesla, drive several hundred miles for a weekend road trip with friends and then return it for free."

What you get

The new $35,000 price tag will get you the standard Model 3, which boasts a 220 mile range on a single charge, top speed of 130mph and a 0-60mph time of 5.6 seconds. 

For $37,000 (around £28,000, AU$52,000) you can get the Range Plus model, which offers 240 miles per charge, top speed of 140 mph and a 0-60mph time of 5.3 seconds. 

In terms of in-car tech, the Tesla Model comes with a 15-inch center touchscreen display that provides you with controls for climate, seats and more, as well as all your infotainment. There's also Wi-Fi, Bluetooth and cellular connectivity, voice activated controls and two USB ports for charging your devices.

The Tesla Model 3 is currently available for order in North America, with the vehicle arriving in more regions soon, including the UK in the second half of 2019. 

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John McCann
Global Managing Editor

John joined TechRadar over a decade ago as Staff Writer for Phones, and over the years has built up a vast knowledge of the tech industry. He's interviewed CEOs from some of the world's biggest tech firms, visited their HQs and has appeared on live TV and radio, including Sky News, BBC News, BBC World News, Al Jazeera, LBC and BBC Radio 4. Originally specializing in phones, tablets and wearables, John is now TechRadar's resident automotive expert, reviewing the latest and greatest EVs and PHEVs on the market. John also looks after the day-to-day running of the site.