Hyperdrive

Tesla’s $35,000 Model 3 Could Now Cost You $78,000

  • Latest configuration will offer two motors, all-wheel drive
  • Original idea of $35,000 version ‘kind of laughable’: analyst
Bloomberg’s Dave McCombs discusses the enhanced Tesla Model 3 that carries a bigger price tag than the base model.Source: Bloomberg

Elon Musk’s Model 3Bloomberg Terminal, once touted as Tesla’s $35,000 car for the masses, can now set a buyer back almost $80,000.

Musk unveiled specifications for a faster and more powerful version of the Model 3 in a series of tweets over the weekend. It will cost $78,000, more than double the $35,000 base-model starting price discussed into the run-up before the electric car’s deliveries started last year. And that doesn’t include the Autopilot driver-assist feature.