Tesla Launches Cheaper Models in Europe
| Tesla. (Photo = Yonhap News) |
Tesla has released less expensive standard versions of the Model 3 and Model Y in Europe to address falling sales and recent actions by CEO Elon Musk.
According to Tesla’s Dutch website on December 6th, the Model 3 standard is priced at 36,990 euros (about $43,130), which is roughly $10,000 less than the premium long range model (about $53,620).
Like in the US, the standard model has fewer features, including less premium materials, no rear passenger infotainment screen, a standard roof, and simpler lighting. It also has less motor power and a shorter driving range.
The Model Y is also available in a standard model for 39,990 euros (about $46,630),over 10,000 euros cheaper than the premium long range model (about $59,450). Both models will begin deliveries in December.
Tesla is releasing these standard versions because sales in Europe have dropped significantly.
The european Automobile Manufacturers Association (ACEA) reported 6,964 Tesla electric vehicles were registered in Europe in October,a 48.5% decrease compared to October of the previous year. During the same period, overall EV registrations…