Sub‑$35K New Model 3 in 2025?
- Tesla’s current base Model 3 RWD inventories have dipped just over $35K before incentives—in some U.S. cases around $35,090 MSRP—making it possible to reach sub‑$30K final price after the $7,500 U.S. federal EV tax credit and state rebates
- Additionally, Tesla rolled out a Long Range RWD “Highland” Model 3 configuration that, after tax credit, starts at $34,990 and offers ~363 miles EPA range
- Analysts estimate that cost reductions from Tesla’s next‑gen platform could allow future Model 3 prices to dip below $35K in the U.S., and perhaps under $30K in China
Upcoming More Affordable Tesla (Model Q / Model 2)
- Tesla has publicly announced plans to unveil a next-generation, more affordable vehicle in early-to-mid 2025. Early speculation suggests a roughly $30K price point, potentially called “Model Q” or “Model 2”
- However, the project has faced delays and internal shelving:
- In April 2024, Tesla reportedly scrapped the low-cost car plan, shifting focus to robotaxis
- More recent reports (March 2025) indicate a reveal may still come in the first half of 2025, with production in Shanghai, the U.S., and Europe
- Another source suggests likely delays, pushing production to late 2025 or even 2026 .
- A Deutsche Bank report cites Tesla executives confirming a “Model Q” under $30K (post-credit) targeting a 1H 2025 delivery .

So, Can You Get a Luxury Sport Sedan Under $35K?
Vehicle | Status | Base Price (US, before incentive) | After $7,500 Credit |
---|---|---|---|
2025 Model 3 Long Range RWD | Available now | $42,490 (MSRP) | $34,990 |
New Model Q / Model 2 (Next‑Gen EV) | Yet to launch / delayed | ~$30K expected (pre-credit) | $22,500 (with credit) |
Costco‑like drop in inventory price | Occasionally available | ~$35,090 | $27,590 |
- Yes, you can currently score a new Model 3 for under $35K after incentives—particularly the Long Range RWD variant—which offers an impressive 360+ miles of range and strong performance.
- As for an engaging luxury‑sport feel: the Model 3 delivers excellent handling, minimalistic interior, and sporty tech—comparable to more expensive EVs.
- The rumored Model Q/2 could bring something even more affordable (potentially $22–25K net after credit), but it's still unreleased and has faced delays.
Final Takeaways
- Right now, your best path to an under‑$35K Tesla is the entry-level or Long Range RWD Model 3, factoring in incentives.
- A brand-new “luxury sport EV” at that price is within reach, offering crisp acceleration (~4.9 s 0–60), high range (~360 miles), and Tesla’s tech.
- The future Model Q/2 holds promise for a lower-cost Tesla, potentially under $30K before incentives—but it’s not available yet and could be delayed.
Want more visual insight?
No YouTube videos found with that exact title, but plenty of reviews highlight the Long Range Model 3 and next-gen models. Would you like me to find and share a video walkthrough or review?