After the automaker started slashing prices on its vehicles earlier this year, making them more affordable than some new gas-powered cars.
The Tesla Model 3 now starts at $43,000, not including the $7,500 tax credit Americans can get for buying an electric vehicle. That brings the after-rebate price of a Model 3 down to $35,500.
-plus other companies are lowering prices because of Tesla.
Tesla’s Model 3 is $43,000 while new cars sold for an average $49,388 in January, according to Kelley Blue Book.