News
Tesla Model 3 Mid Range: $45k, 260-mile battery and rear wheel drive
No stranger to creating surprises (in 280 characters or less), Tesla CEO Elon Musk took to Twitter Thursday afternoon to announce that the company’s mass-market Model 3 sedan has been given a lower cost, Mid Range battery option that’s capable of 260 miles of range per single charge.
With a starting price of $45,000, the Model 3 Mid Range variant with rear wheel drive takes the Silicon Valley electric carmaker one step closer to offering the highly-anticipated $35,000 base version, which the company expects to produce in the first half of 2019.
Tesla’s first Model 3 variant, the 310-mile-capable Long Range version in a single motor, rear wheel drive configuration, will still be available for ordering directly through company sales representatives for another week, although the option has been removed from the Model 3 Design Studio.
The lower price for the Mid Range Model 3 represents a $4,000 savings from the Long Range rear wheel drive version that starts at $49,000 before incentives. However, this cost savings also equates to 50 miles less of driving range and reduced performance. 0-60 mph performance for the Mid Range Model 3 comes in at a modest 5.6 seconds versus 5.1 seconds for the Long Range version. Top speed for midrange Model 3 is also reduced to 125 mph (~200 kph).
Tesla Model 3 Version Comparisons
| 0-60 mph (sec) | Top Speed (mph) | Range (mi) | |
| Model 3 Mid Range (RWD) | 5.6 | 125 | 260 |
| Model 3 Long Range (RWD) | 5.1 | 140 | 310 |
| Model 3 Long Range (AWD) | 4.5 | 145 | 310 |
| Model 3 Performance (AWD) | 3.3 | 155 | 310 |
Elon Musk’s announcement of the lower-priced Tesla Model 3 should come as welcome news for the hundreds of thousands who have waited, some for more than two years, for the company to finally offer a truly affordable electric car that bests its competition in the luxury sedan market. At $45,000, the midrange Model 3 shares a similar base price as a 2019 BMW 330i series, yet tops the Bavarian heritage vehicle in both performance and technological innovation.
Arguably of more importance is Tesla’s strategic move to push higher-margin vehicles but also provide a favorable option for price-conscious consumers by creating a larger delineation between buyers looking to cost-cut and those seeking more range. By removing the RWD Long Range Model 3 as a vehicle selection, Tesla forces buyers that are looking for 310 miles of extended range to choose between a nearly $70,000 Model 3 Performance in basic trim or a $59,000 Model 3 Long Range with dual motor configuration. At a minimum, buyers looking for the long-range battery option will be spending $10,000 or more than they normally would have with the $49,000 RWD Long Range Model 3 as an available option.
According to the Tesla’s online configurator, buyers looking to purchase a Model 3 Mid Range can expect delivery in 6 to 10 weeks.
Model 3 long range, rear wheel drive is still available for ordering off menu for another week or so
— Elon Musk (@elonmusk) October 18, 2018
Lifestyle
NTSB findings on fatal Tesla crash tell a very different story
The NTSB confirmed the driver, not Tesla’s FSD, caused the fatal Texas house crash.
The National Transportation Safety Board released preliminary findings Wednesday confirming that a Tesla driver, not the vehicle’s software, caused a fatal crash in Katy, Texas in June. The driver, 44-year-old Michael Butler, had engaged Full Self-Driving Supervised mode on Rose Hollow Lane, a residential street with a 30 mph speed limit, before manually overriding the system by pressing the accelerator pedal all the way to 100%. Data recovered from the 2025 Tesla Model 3 showed the vehicle was traveling over 70 miles per hour when it struck a home and killed 76-year-old Martha Avila, who was inside. Weather was clear, the road was dry, and it was daylight.
Texas man charged in fatal Tesla crash where he blamed Autopilot
Butler told authorities he had passed out at the wheel. But security camera footage obtained by the NTSB told a different story, and showed the car accelerating through an intersection before leaving the road entirely. Police also found that Butler’s phone had Google searches including the terms “Tesla FSD not aggressive enough 2026” and “Tesla FSD too timid,” raising serious questions about how he was using the system before the crash. Butler has since been charged with manslaughter. The victim’s family has filed a lawsuit against both Butler and Tesla, alleging negligence.
The NTSB findings aligned directly with what Tesla VP of AI Software Ashok Elluswamy had already stated publicly on X in the weeks after the crash, writing that “the driver manually overrode self-driving by pressing the accelerator all the way to 100%.” The data confirmed his account.
Yup. In this case, the driver manually overrode self-driving by pressing the accelerator all the way to 100% of the accel pedal in this residential area. They reached a speed of 73 mph during the crash, and had the accelerator pressed even after the crash.
— Ashok Elluswamy (@aelluswamy) June 22, 2026
Lucid CEO Silvio Napoli responded to rumors of an imminent bankruptcy that was reportedly being mulled after a report stated the automaker was working with the firm AlixPartners to iron out its next steps.
The company felt a massive loss on Wall Street yesterday, as the report essentially pushed the stock down as much as 55 percent on Tuesday.
The report, published initially by Eletric-Vehicles.com, claimed Lucid was essentially in dire straits and was told by AlixPartners, a commonly used restructuring advisor, to either take shares private or file for Chapter 11 bankruptcy protection.
Lucid’s head of Communications, Nick Twork, immediately challenged the report and stated the company “has sufficient liquidity to carry its operations well into next year.”
Now, the company’s CEO is chiming in as well, stating that the report is “so far from the facts that they require a direct response.”
Napoli said:
“Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario. Period.
As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year.
We work with outside advisors to improve operational performance and execution. They are not advising Lucid on a take-private transaction or bankruptcy, and any suggestion that they have recommended either course of action to management or the Board is false.
My priority is clear: turn this company around. That is where the leadership team and I are focused.
I look forward to providing a full update during our quarterly earnings call on August 4th.”
🚨 Lucid CEO Silvio Napoli calls rumors of financial issues “so far from the facts that they require a direct response.”
Read his full remarks here: https://t.co/t3Pg1NHvzy pic.twitter.com/LvHUPhO4Qf
— TESLARATI (@Teslarati) July 15, 2026
It seems pretty clear that Lucid is confident things will be okay, and, to be honest, they should not have much to worry about, especially considering the company has been backed by the Saudi Public Investment Fund (PIF) for years. It has solid financial backing, and its sales, while weak, are pretty much right on par with a company of this age.
Lucid also sent a Cease & Desist letter to the publication for their report.
Lucid shares have rebounded nicely and are up nearly 21 percent at the time of publication. As soon as the company dispelled the rumors of bankruptcy yesterday, the stock began to climb back toward more reasonable levels.
Tesla has once again demonstrated strong customer focus by swiftly addressing and fully refunding a bizarre Supercharger pricing glitch that affected drivers in Atlantic Canada.
The issue surfaced earlier this month when the Tesla app began displaying dramatically inflated per-minute charging rates at stations in Prince Edward Island and parts of New Brunswick.
One widely shared screenshot from a Charlottetown, PEI Supercharger showed rates reaching ridiculous levels: $6.00 per minute for the 180-250 kW tier, along with $3.57/min for 100-180 kW and $2.29/min for 60-100 kW.
Correct pricing will be going live at midnight tonight. All fees since July 2nd 2026 will be waived.
— Tesla Charging (@TeslaCharging) July 13, 2026
These figures were several times higher than normal Supercharger pricing in the region.
To put the error in perspective, charging at the highest incorrect rate would have been shockingly expensive.
At 250 kW, a common charging speed at Superchargers, a vehicle pulls roughly 4.17 kWh per minute. Under the glitch, a driver spending just 10 minutes at peak power would face a $60 bill. A typical 20- to 30-minute session to add meaningful range could have cost $120 to $180 or more, before any congestion fees.
Tesla gets another layer of gamification with Free Supercharging on the line
By comparison, standard Canadian Supercharger rates usually fall between $0.25 and $0.60 per kWh, making a similar session cost roughly $15–$40. The erroneous per-minute structure, combined with the inflated numbers, turned what should be a convenient stop into a potential financial shock.
The glitch appears to have started sometime around early July, and quickly drew attention on social media as owners questioned whether Tesla had implemented steep hidden increases. Some drivers even reported seeing $0 charges in their history, indicating broader billing confusion.
Tesla’s official Charging account on X stated that correct pricing would roll out at midnight on July 13, so the fix is already in effect. More importantly, the company announced it would waive all fees for every Supercharger session since July 2. This blanket waiver covers the entire affected period without requiring users to file individual claims, with automated refunds expected soon. The decision affects stations in PEI and nearby areas in New Brunswick and Nova Scotia.
It’s a classy move, and rather than issuing partial credits or forcing owners to submit support tickets, Tesla simply absorbed the cost of the system error and made drivers whole. In an industry where hidden fees and bill disputes are common, Tesla’s proactive, no-questions-asked approach reinforces owner trust and highlights the company’s commitment to service excellence.
The incident, while disruptive for a short time, ultimately showcases Tesla’s ability to own mistakes and prioritize customer satisfaction. Atlantic Canada Tesla owners can now charge with confidence again, knowing the company has their back when technology glitches occur.
In an era of complex EV billing, such transparency and generosity are refreshing and set a positive example for the industry.
NTSB findings on fatal Tesla crash tell a very different story
Elon Musk’s Texas ranch to showcase the lifelong work that changed the world
