Tesla has officially released the much-anticipated new Model 3 in North America. This launch follows its successful debut in several global markets, including Europe, China, and parts of the Asia-Pacific region, in late 2023. Before you run out and buy one, you should know that this vehicle does not quality for any tax incentives in the U.S. Also, Tesla is not accepting referral codes, meaning no discounts or credits for the Model 3.
The new Model 3, also referred to as the Highland and the refreshed 3, appeared on the company’s website late Tuesday night. It is currently available in two variants: Rear-Wheel Drive (RWD) and Long Range (LR). Notably, the Performance model, which has been a popular choice in previous versions, is missing from the lineup, and the “old” version is no longer available for order.
Competitive Pricing Strategy
Despite several upgrades, Tesla has set competitive prices for the new Model 3 variants, not changing the price for the new edition. The RWD remains at $38,990 USD and the LR is $45,990 USD. For those keeping score, the price of the old Model 3 Performance was $50,990. The first deliveries of the Model 3 Highland are scheduled for this month.
The new Model 3 is available in five colors, including Stealth Gray and Ultra Red, adding a fresh aesthetic appeal to the range. Despite the excitement surrounding the new model, it is noteworthy that the front bumper camera, anticipated by many, has not been included yet. This feature was expected to align with the technology seen in Tesla's Cybertruck.
In terms of performance, the EPA-rated range for the RWD variant remains unchanged, while the LR variant sees a modest increase, going from 333 to 341 miles.
Anticipating the Performance Model
While the Performance variant is currently absent, there is growing anticipation for its eventual release. Rumors suggest that this model might debut in North America, boasting unique features that set it apart from its Long Range counterpart. This includes advanced motors, improved suspension, enhanced brakes, and a possible Ludicrous mode, making it a highly anticipated addition to the Tesla lineup.
We may find out more about the Performance Model 3 during Tesla’s Q4 and Full Year 2023 earnings call on January 24th.
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Like clockwork, it’s time for the opportunity to submit questions for Tesla’s Q1 2025 Earnings Call. Q1 has historically been difficult for Tesla and other auto manufacturers in general, but doom-and-gloom aside, there’s plenty more to be excited about, including upcoming improvements to FSD and the first phase of Tesla’s Robotaxi network.
Earnings Q1 2025 Questions
Tesla is gearing up for its Q1 2025 Earnings Call, providing an opportunity for shareholders to once again submit and vote on questions they want to be addressed during the event. Tesla has already announced the lower-than-expected delivery numbers for Q1 2025, and also held a Public All-Hands Meeting for the first time, so we’re interested to find out what answers to some of these questions during their Q&A session.
Most Popular Questions
When will FSD unsupervised be available for personal use on personally-owned cars?
Is Tesla still on track for releasing “more affordable models” this year? Or will you be focusing on simplified versions to enhance affordability, similar to the RWD Cybertruck?
Robotaxi still on track for this year?
How is Tesla positioning itself to flexibly adapt to global economic risks in the form of tariffs, political biases, etc.?
Regarding the Tesla Optimus pilot line, could you confirm if it is currently operational? If so, what is the current production rate of Optimus bots per week? Additionally, how might the recent tariffs impact the scalability of this production line moving forward?
Did Tesla experience any meaningful changes in order inflow rate in Q1 relating to all of the rumors of “brand damage”?
When will Tesla Insurance be available in all 50 states. I’m from Idaho, and I’m surrounded by states where it is available, but it isn’t available in my state.
How is the company planning to deal with the impact of Elon’s partnership with the current administration?
is there a possibility of a stock split if so what would it be
Questions and voting are conducted through Say, a third-party platform that validates share ownership. Once your ownership is verified, you can use your shares to vote, with your vote weight corresponding to the number of shares you hold. Submitting a question initially gives it votes equivalent to your number of shares.
Below, we also compiled a list of the top questions going into the Earnings Call, which takes place a week from today.
The Earnings Call itself will take place on April 22, at 5:30 PM EDT (2:30 PM PT). Links to the live stream will be made available closer to the event. A recap of the key points will also be provided as usual, so stay tuned for that in the hours after the call.
With Q1 2025 now behind us, another round of Tesla’s Supercharger Voting has wrapped up. The previous vote took place back in December, and we now get to see which locations came out on top.
Let’s take a look at the Q1 2025 winners of the Supercharger Vote:
North America
🇺🇸 Lake Wales, FL
🇺🇸 Henderson, NV
🇺🇸 Clarksville, TN
🇺🇸 Roswell, NM
🇺🇸 Long Beach, CA
🇺🇸 Decatur, IL
🇺🇸 McAlester, OK
Europe
🇬🇧 Bournemouth, United Kingdom
🇮🇹 Bari, Italy
🇵🇱 Wrocław, Poland
🇨🇿 Hradec Králové, Czech Republic
Asia-Pacific
🇰🇷 Namyangju - South Korea
🇦🇺 Nicholls, Australia
Supercharger Voting Q2 2025
Another quarter means another round of Tesla's Supercharger Voting, giving Tesla owners the chance to influence where new Supercharger sites will be built. Following the Q1 2025 voting round, Tesla is now opening the polls for Q2 2025.
How to Vote
To participate in the Q2 2025 Supercharger Voting, visit the Tesla Supercharger Voting page and sign in to your Tesla account. You can vote for up to five different locations, with a limit of one vote per location, every three months. The most popular Superchargers are displayed on the leaderboard, and you can also suggest new locations for future voting cycles.