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February 9, 2016 11:46 pm GMT

Tesla's Model 3 could cost you at least $25,000 after tax incentives, report says

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The Tesla Model 3 won't be the first mass-market, long-range electric vehicle to hit the market. That prize goes to the Chevy Bolt. However, the Model 3 could be the least expensive.

See also: Faraday Future's 1,000-horsepower concept car should make Tesla very, very nervous

According to Bloomberg, the Model 3 could cost as little as $25,000 — after tax incentives.

That number is based upon a starting price of $35,000, which was confirmed by Elon Musk on Twitter in September 2015. Subtracting the greatest possible amount of tax incentives off that price brings the out-of-pocket cost to right around the $25,000 mark. That is, if you don't add any options to it. Read more...

More about Cars, Tech, Transportation, and Tesla

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/_gl6itp-Ej4/

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