Video Summary
The mid-range Model 3 is priced at $44,000 with premium interior, making it cheaper than the long-range model but still not the originally promised $35,000.A $35,000 version is still expected.
The current federal tax credit of $7,500 will run for the current quarter and one additional quarter.
After that, the tax credit decreases to $3,750.
Those who can afford the high-end model are likely to take the full tax credit.
The long range cars get around 310 miles of range on a charge.
220 miles is enough range for most people.
The mid-range version has high range and saves money; it was a brilliant move by Tesla.
This move separates Tesla's product line.
Long range cars are becoming an "oddball" feature on the road in the near future.
It lets customers choose whether to buy the autopilot feature or the longer range.
Overall, it's a wise choice on Tesla's part.
