{"id":46483,"date":"2024-01-11T07:15:07","date_gmt":"2024-01-11T07:15:07","guid":{"rendered":"https:\/\/news.pakistaninewspaperlist.com\/tesla-launches-restyled-model-3-in-north-america-the-express-tribune\/"},"modified":"2024-01-11T07:15:07","modified_gmt":"2024-01-11T07:15:07","slug":"tesla-launches-restyled-model-3-in-north-america-the-express-tribune","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/tesla-launches-restyled-model-3-in-north-america-the-express-tribune\/","title":{"rendered":"Tesla launches restyled Model 3 in North America | The Express Tribune"},"content":{"rendered":"
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\u00a0Tesla\u00a0on Wednesday rolled out the restyled version of its Model 3 compact sedan in North America at unchanged prices, months after the vehicle attracted healthy demand upon launch in China and Europe.<\/p>\n

The move will refresh Tesla’s aging vehicle line-up in its biggest market and follows a price war last year that helped the company meet its annual deliveries goal at the cost of margins.<\/p>\n

The revamped version of the long-range and rear-wheel drive Model 3 variants include new features such as a rear display for backseat passengers, according to Tesla’s website.<\/p>\n

Following the changes, the long-range variant can go 341 miles on a single charge, up from 333 miles earlier.<\/p>\n

Tesla has also refreshed its wheel designs, now available in two new colors, “Stealth Grey” and “Ultra Red.”<\/p>\n

The Model 3 rear-wheel drive variant is priced at $38,990, while the long-range variant costs $45,990, after both became ineligible for a $7,500 federal tax credit at the end of 2023, based on new guidance under the US\u00a0Inflation Reduction Act.<\/p>\n

Tesla has removed the Model 3 Performance variant, which was the most expensive version of the compact sedan at $50,990 before the federal tax credit, from its North American websites.<\/p>\n

The upgraded Model 3, developed under a project codenamed “Highland”, was unveiled in China in September last year at a higher price. It went on sale in Europe a month later.<\/p>\n

Analysts attributed Tesla’s\u00a0record quarterly deliveries\u00a0earlier this month to the design changes as well as discounts and incentives the company offered at the end of 2023.<\/p>\n

Still, the American company lost its spot as the top electric-vehicle maker by sales to China’s BYD\u00a0in the fourth quarter, underscoring the threat it faces from the Chinese firm that has been able to drum up demand with cheaper vehicles.<\/p>\n<\/div>\n