Tesla Discontinues Cheapest Model: What’s Next for Affordable EVs?

Tesla has discontinued its most affordable model, the Model 3 Rear-Wheel Drive Standard Charge, which was under $40,000. This move likely stems from poor sales and to make space for a future $25,000 EV Tesla plans to launch. Tesla is also offering discounts on other models, making the decision strategic as the company reshapes its product lineup.