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Tesla resumes US Model 3 long-range orders at cheaper pricing.

Photo Credit: EWB Photo Credit: EWB
Photo Credit: EWB Photo Credit: EWB

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After a short pause last year owing to delivery backlogs, Tesla Inc. (TSLA.O) started taking orders for its Model 3 long-range variant in the U.S.S. on Tuesday.

The long-range entry-level Model 3 costs $47,240, 18.5% less than the $57,990 it cost last August when Tesla stopped taking reservations in thU.S.S. and Canada.

“Waitlist too lengthy. “Will enable again as we ramp production,” Elon Musk tweeted in answer to a user’s question concerning purchase cancellation.

The Tesla website says Model 3 deliveries will resume in June. However, the website indicated it does not accept Canadian orders.

The entry-level Model 3 long-range has a range of over 325 miles (523 kilometers) on a single charge.

Since this year, Tesla has regularly adjusted its vehicle prices to boost sales. On Tuesday, the business raised prices in Canada, China, JapaU.S., and the U.S. after lowering them.

Tesla is ready to sacrifice profit for sales volume in a depressed economy, but Musk also wants to raise pricing to match deliveries and output.


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