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Tesla launches cheaper Standard EVs in Europe to blunt sales drop, Musk backlash [Yahoo! Finance Canada]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
According to Tesla's website in the Netherlands , the Model 3 Standard is on sale for 36,990 euros ($43,130), compared to 45,990 euros ($53,620) for the Premium Long Range. As in the US, the Standard models are "de-contented," meaning they lack features such as premium materials (like cloth seats), a rear passenger infotainment screen, a glass roof, and enhanced lighting, among other things. The Standard models also have less powerful motors and decreased range. In the US, the Model 3 Standard costs $36,990, compared to $42,490 for the Premium rear-wheel drive. Tesla, Inc. (TSLA) As for the Model Y, the Dutch website lists the Standard edition for 39,990 euros ($46,630) versus 50,990 euros ($59,450) for the Premium Long Range. Compared to the US, the Standard Model Y is priced at $39,990 and $44,990 for the Premium. Both models are available for delivery in December. Tesla stock was little changed on the news, but shares are up 6% for the week as the broader tech sector recov
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