Tuesday, 02 January 2024 12:17 GMT

Tesla Unveils More Affordable Model 3 In The EU Market


(MENAFN- Investor Brand Network) Tesla is rolling out a budget-friendly Model 3 variant across Europe as the company fights to recover from declining sales and consumer backlash over Elon Musk's political activities. Lower pricing aims to broaden the buyer pool amid weakening electric vehicle demand and intensifying competition from Chinese manufacturers who continue gaining ground.

Electric vehicle policies are evolving around the world, and auto firms like Massimo Group (NASDAQ: MAMO) will be watching all the developments in...

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