Tesla unexpectedly announced a mid-range battery option for the Model 3, bringing the price of the vehicle down to $45 000 (roughly R645 750)and completely changing the pricing structure.
Before the reservation holders of the Model 3 with a standard battery pack even get their vehicle, Tesla has added a fourth battery pack option, changing the prices of the whole Model 3 portfolio.
Tesla previously promised that the Model 3’s base price will start at $35 000 (roughly R502 250), but drivers were disappointed with the $49 000 (roughly R703 150) price tag that was revealed when the car was launched. In response, the company promised an upcoming model with a standard battery pack that will remain faithful to the initial price promise.
Those who reserved the cheaper option, however, may find themselves frustrated because, instead of delivering customers the standard version, the brand brought out a fourth battery pack option now available for order: the mid-range battery pack which starts the model at $45 000 (R645 750) and can be delivered in 6-10 weeks.
This surprise option changes everything…about the prices. As Electrek noted, rear-wheel drive is now exclusive to the mid-range battery pack and the long-range pack was reduced to one powertrain option: dual motor all-wheel drive. The all-wheel drive powertrain returned to its previous value of $5 000 (R71 750) which brings the long-range Model 3 to $54 000 (R774 900).
What exactly does this new battery pack provide? The range is an EPA estimated 418km on a single charge, roughly 112km fewer than the most powerful performance model option. The top speed is reduced 48km/h from the performance model to 201km/h maximum, and you’d be able to reach 100km/h in 5.6 seconds instead of just 3.3.
The standard battery is expected to to bring a range of 354km, a top speed of 210km/h, and a 0-100km/h time of 5.6 seconds. Basically, for $10 000 less (roughly R143 500), the standard battery model will only reduce the range by 96km. That is, if the prices don’t shift again. – AFP Relaxnews