US Stock Market Update | Tesla surged more than 2% after launching the new Model 3 long-range rear-wheel drive model

Zhitong
2024.07.12 14:13
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On Friday, Tesla's stock price initially fell by 3%, but as of the time of publication, the stock erased the decline and rose by over 2%, reaching $246.18. According to the official website, Tesla has launched a rear-wheel drive Model 3 long-range model, priced $5,000 lower than the all-wheel drive model. The starting price of the new long-range rear-wheel drive model is $42,490, with a $7,500 federal electric vehicle tax credit, bringing the actual selling price down to $34,990, or lower than the cheapest Model 3 model

According to the Zhitong Finance and Economics APP, on Friday, the stock price of Tesla (TSLA.US) initially fell by 3%. As of the time of publication, the stock erased the decline and rose by over 2%, reaching $246.18. According to the official website, Tesla has launched a rear-wheel drive Model 3 long-range model, priced $5,000 lower than the all-wheel drive model. The starting price of the new long-range rear-wheel drive model is $42,490, with a $7,500 federal electric vehicle tax credit, bringing the actual selling price down to $34,990, or lower than the cheapest Model 3 model