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According to Digital Trends (This article and its images were originally posted on Digital Trends October 19, 2018 at 02:15AM.)
Tesla pledged its entry-level Model 3 sedan would cost $35,000 before federal incentives, but every example it has delivered to date has sold for at least $54,000. The company is keeping its promise of making the car more affordable over time by releasing a new variant of it priced under the $50,000 mark.
Tesla co-founder and CEO Elon Musk made the announcement on his personal Twitter account — where else? He posted a link to the Model 3’s ordering page, which includes the new model with the mid-range battery pack. The specifications sheet lists rear-wheel drive (instead of dual-motor all-wheel drive) and up to 260 miles of driving range according to estimations made by the Environmental Protection Agency (EPA). It takes 5.6 seconds to reach 60 mph from a stop and maxes out at 125 mph.
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