Home Industry Automotive Tesla launches new Model 3 long-range variant The new Model 3 long-range variant is priced at $42,490 by Reuters July 15, 2024 Image credit: Tesla Tesla on Thursday launched a new rear-wheel drive variant of its Model 3 long-range vehicle, at a price $5,000 lower than the all-wheel drive version, according to the electric vehicle maker’s website. The new Model 3 long-range variant is priced at $42,490. Image credit: Sourced from Tesla There were no changes to the prices of the base Model 3, the long-range all-wheel drive and the performance variants. Tesla reported a smaller-than-expected 5 per cent drop in vehicle deliveries in the second quarter as price cuts and incentives helped mitigate cooling demand. Model Y is priced below the average new car in the US & costs about the same to own per mile as mass-market vehicles pic.twitter.com/bXkhJqlJ6A — Tesla (@Tesla) June 13, 2024 The company will report second quarter earnings on July 23. Read: Tesla starts laying off employees at Nevada plant Tags Electric Car electric car battery EV Tesla Tesla Model 3 You might also like Tesla shares tank on back of dismal results Top stocks in Q2 2024: UAE retail investors choose AI over Big Tech Volkswagen’s $5bn investment in Rivian signals future EV collaboration trends Lucid, Rivian and Nikola: What are EV startups doing to ride out weak demand?