Tesla is now selling a cheaper variant of the Model 3, its first mass-market electric car. The mid-range battery version of this car starts at $45,000 before tax incentives. The variant has an estimated battery range of 260 miles. Tesla CEO Elon Musk has confirmed the availability of this new variant through Twitter.
Tesla’s website has also been updated to reflect that this new model is now available. Interested customers in the United States can now order it. Customers in Canada will be able to order it soon as well.
Musk mentioned on Twitter that this particular variant is going to cost $35,000 after state and federal tax rebates in California. Owners will have to take delivery by December 31st, 2018 if they want to realize the full $7,500 tax incentive. With the delivery estimate for this variant ranging from 6-10 weeks, customers who order by early next month should get it within the time frame.
The tax credit starts to phase out once the manufacturer sells 200,000 qualifying vehicles. Tesla did that earlier this year so the countdown has begun for the tax incentives on its vehicles to be phased out.
Even though it costs $35,000 after incentives, this still isn’t the $35,000 variant of the Model 3 that Tesla had originally promised. That’s not expected to be available for another six months.