Black Friday Sale! 50% Off All Access

Tesla Stops Selling $35,000 Model 3 Online The vehicle lineup Tesla offers has been given an overhaul.

By Matthew Humphries

This story originally appeared on PCMag

via PC Mag

Tesla has been streamlining its vehicle options of late in a bid to make things simpler for consumers and optimized for production. More changes happened this week and it's now no longer possible to buy the $35,000 Model 3 online.

We've already lost the standard range Model S and the Model 3 Mid Range battery option got dropped. Prices have also gone up. Yesterday, further updates were introduced as detailed on the Tesla blog.

Autopilot is now a standard feature on all vehicles, but importantly, it's being added for a lower cost than the Autopilot option use to command. For example, Autopilot used to cost $3,000 when added to the $37,500 Model 3 Stand Plus, but now it comes as standard for $39,500.

As to why Autopilot is now a standard feature, Tesla explains that, "our data strongly indicates that the chance of an accident is much lower when Autopilot is enabled. Autopilot also dramatically improves the quality of the driving experience, especially in heavy traffic, as thousands of our customers frequently describe online"

As for the $35,000 Model 3. It can no longer be purchased online, but that doesn't mean it isn't available. Tesla explains that the now $39,500 Model 3 Standard Plus "has sold at more than six times the rate of Standard," so the decision was made to simplify production and focus on the Standard Plus. It means the $35,000 Standard Model 3 will now be sold as a software-limited version of the Standard Plus. Ordering one requires a call or visit to a Tesla store.

A software-limited Standard Plus means the range is reduced by 10 percent and onboard music streaming service, navigation with live traffic visualization, and heated seats features are disabled. However, they can be enabled with an upgrade if the owner so wishes. You can also do the opposite and downgrade a Standard Plus to Standard features and receive a refund on the price difference, which is a welcome offer and a nice touch. A call or visit to a Tesla store is also required if you want the Model 3 Long Range Rear-Wheel Drive configuration.

Finally, Tesla is introducing leasing for the Model 3 in the US. There will be 10,000, 12,000, and 15,000 annual mileage plans with a "small down payment and competitive monthly payments." Interestingly, Tesla says anyone who leases a Model 3 won't be able to purchase the vehicle at the end of the lease because Tesla intends to use them as part of a ride-hailing network when full-autonomy becomes a realistic option.

Matthew Humphries

Senior Editor

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Living

These Are the 'Wealthiest and Safest' Places to Retire in the U.S. None of Them Are in Florida — and 2 States Swept the List.

More than 338,000 U.S. residents retired to a new home in 2023 — a 44% increase year over year.

Business News

DOGE Leaders Elon Musk and Vivek Ramaswamy Say Mandating In-Person Work Would Make 'a Wave' of Federal Employees Quit

The two published an op-ed outlining their goals for their new department, including workforce reductions.

Starting a Business

This Sommelier's 'Laughable' Idea Is Disrupting the $385 Billion Wine Industry

Kristin Olszewski, founder of Nomadica, is bringing premium wine to aluminum cans, and major retailers are taking note.

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Business News

These Are the Highest Paying Jobs Available Without a College Degree, According to a New Report

The median salaries for these positions go up to $102,420 per year.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.