The Model 3 Standard Range Rear-Wheel Drive, priced at USD 38,990, uses lithium iron phosphate (LFP) battery cells sourced from China.
The U.S. recently announced higher tariffs on Chinese imports, including a 100% tariff on EVs and 25% on EV batteries and key minerals.
Additionally, vehicles that contain Chinese-made components, such as LFP battery cells, are ineligible for the USD 7,500 federal tax credit provided by the government.
Tesla's Model 3 Long Range Rear-Wheel Drive is now its most affordable offering in the United States, priced at USD 42,490.
Earlier today, the EV maker reported a smaller-than-expected rise in third-quarter deliveries, indicating that incentives and financing deals have not sufficiently attracted customer
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.