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Home Electric Vehicles

Tesla’s Strategic Stock Clearance Signals Imminent Facelift Launch for Model 3

Gary Russell by Gary Russell
June 3, 2023
Tesla’s Strategic Stock Clearance Signals Imminent Facelift Launch for Model 3

Credit: tesla

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In an unexpected move, Tesla has once again slashed prices on its Model 3 vehicles, signaling the imminent arrival of the highly anticipated refreshed version. With a significant reduction of €2,246 for new inventory, the electric car company is clearly focused on clearing out existing Model 3s to make space for the upcoming revamped edition. This aggressive pricing strategy follows last month's price adjustment, highlighting Tesla's determination to propel sales.

The recent developments in Tesla's strategy are further underscored by the temporary halt of Model 3 production at the Shanghai factory just days ago. It appears that all efforts are being concentrated on preparing for the launch of the updated Model 3, creating a sense of anticipation among consumers and enthusiasts alike.

The starting price of the current Model 3 in stock has now reached €35,250, excluding incentives. However, after applying the €3,494 tax credit, the vehicle's price tag drops to an enticing €31,760, positioning it nearly €900 below Tesla's original goal of pricing the Model 3 under €32,600 in the US. To sweeten the deal even further, Tesla has also reduced the lease price for the Model 3 to an affordable €343 per month. It's important to note that these new discounts do not apply to fresh, custom-built orders.

All these developments align impeccably with Tesla's anticipated timeline for the refreshed Model 3, which is expected to hit the streets sometime during the latter half of this year. As the electric vehicle market eagerly awaits the unveiling of the upgraded Model 3, Tesla is aggressively working to capture consumers' attention by combining competitive pricing with innovative enhancements.

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Source: Tesla
Tags: teslaTesla Model 3
Gary Russell

Gary Russell

Studied in management and journalism. Gary been covering the startup and e-business scene since 2017.

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