YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Tesla announced the long-awaited $35,000 price point for its Model 3 sedan.
The base price for the vehicle had not previously dropped below $45,000, despite promises to bring it to $35,000.
The low price point comes with some layoffs.
“This is the lowest price we could possibly sell this car,” CEO Elon Musk said. “It’s excruciatingly difficult to make this car for $35,000 and still be financially sustainable, hence the unfortunate need to reduce headcount.”
Read more from Quartz.
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