Tesla launches shorter-range Model 3 starting at $35,000
Tesla Inc. TSLA, +1.63% is making good on a long-standing promise to offer a Model 3 for $35,000, Electrek, a blog mostly focusing on the company, said ahead of Tesla's 5 p.m. Eastern announcement. The cheaper trim would have a shorter driving range and new interior options, according to the report, which cited an email the company has sent to its retail stores. Orders would start today. Shares of Tesla were halted ahead of the announcement after ending the regular trading day up 1.6%.
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