Tesla Model 3 prices drop below $40,000

has announced yet another price cut for its Model 3 vehicle, bringing the starting price to below $40,000. The company hopes that this will make electric vehicles more accessible to the masses and help accelerate the transition away from fossil fuels.

This latest price cut is the third one that Tesla has made in 2021 alone. The Model 3 now starts at $39,990 for the Standard Range Plus version, which offers a range of 263 miles on a single charge. The Long Range version, which boasts a range of 353 miles, now starts at $49,990.

Tesla CEO Elon Musk has long been vocal about his desire to make electric vehicles more affordable and accessible to everyone. The company has been able to achieve this by continuously improving the efficiency of its manufacturing process and reducing production costs.

Tesla has also been expanding its network of Supercharger stations, which allow Model 3 owners to quickly charge their vehicles on long road trips. The company has also been investing heavily in battery technology, with the goal of eventually producing an affordable electric vehicle with a range of 500 miles.

With these continuous price cuts and ongoing efforts to improve electric vehicle technology, it seems that Tesla is well on its way to achieving its goal of making sustainable transportation more accessible to the masses.

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