After being announced in 2016, Tesla‘s budget-friendly Model 3 is now available to purchase. The standard Model 3 is priced at $35,000, offering 220 miles of range, a top speed of 130 mph, and 0 to 60 mph in 5.6 seconds.
Tesla points out that the standard Model 3 obtains the same 5-star safety rating as the longer-ranged version, which has the lowest probability of injury of any vehicle ever tested by the US government.
Alongside the standard Model 3, Tesla announces the Model 3 Standard Range Plus with 240 miles of range, a top speed of 140 mph, 0 to 60 mph in 5.3 seconds, and premium interior features, retailing for $37,000 before incentives.
Tesla is offering these prices worldwide, online only. Interested buyers in North America can already purchase a Tesla straight from your phone in roughly one minute. And if you’re worried about not driving a car before you buy, Tesla allows you to return the vehicle within seven days or 1,000 miles for a full refund.
Tesla reveals that by shifting to online sales, it will lower all vehicle prices approximately 6%. This in turn means that the company will be closing down numerous stores in the coming months. Subsequently, Tesla is placing a concerted effort to make same-day, if not same-hour service, a possibility, with Tesla coming directly to you.
In addition, the company is offering firmware upgrades for new and existing customers. These updates will increase the range of the Long Range Rear-Wheel Drive Model 3 to 325 miles and increase the top speed of Model 3 Performance to 162 mph, while adding roughly 5% peak power to all Model 3 vehicles.