Business
Tesla Slashes Prices on Model 3 and Model Y to Boost Sales
In a significant move to counter flagging electric vehicle sales, Tesla has announced substantial price cuts for its Model 3 and Model Y vehicles. As of November 27, 2024, the Tesla Model 3 Long Range, which boasts a 363-mile range, is now available for $33,000, marking a considerable reduction from its previous price point.
This price slash is part of Tesla’s strategy to make its electric vehicles more competitive in the market. The discounts are expected to attract more buyers and help Tesla regain its market share in the increasingly competitive EV sector. The price cuts are particularly timely, given the current economic conditions and the rising competition from other EV manufacturers.
Beyond the price reductions, Tesla has also been enhancing its vehicles with various accessories and features. For instance, owners of the Model 3 and Model Y can now benefit from accessories such as compact spare tires, which are designed to fit perfectly with Tesla’s wheels. These spare tires are especially useful for longer road trips or drives to remote areas where roadside assistance may not be readily available.
Additionally, other accessories like rear screen entertainment mounts and natural air fresheners have been gaining popularity among Tesla owners. The rear screen mount, which securely clips onto the back of the front seat, provides an excellent solution for keeping passengers entertained during road trips. The natural air fresheners, designed to fit into the hidden AC strips, help maintain a fresh and pleasant interior environment.
Tesla has also been updating its vehicles with new software features. The latest software version, 4.11, includes enhancements such as utilizing the LED strip in the new Model 3 as a blind spot and autopilot warning indicator. Other features include auto-shifting into park when the seat belt is removed and the ‘kickdown’ feature, which automatically switches from ‘chill’ to ‘sport’ mode by pressing the accelerator 100%.