Tesla has taken the automotive world by surprise by launching the new Model 3 Standard, its most affordable electric sedan yet.
Priced at $38,630 (including destination and order fees), this new entry-level variant is $5,500 cheaper than the Model 3 Premium Rear-Wheel Drive, offering a more budget-friendly way to join the Tesla lineup.
While CEO Elon Musk had previously ruled out plans for an all-new low-cost Tesla model, the company has instead introduced simplified versions of its existing cars.
Alongside the new base Model Y, Tesla unexpectedly revealed the Model 3 Standard, marking a new entry point for buyers looking for an accessible EV without compromising on performance and innovation.
According to Tesla’s official configurator, the Model 3 Standard is powered by a single electric motor, offering an estimated range of 321 miles on a full charge.
It accelerates from 0–60 mph in just 5.8 seconds, maintaining Tesla’s hallmark performance despite being a lower-trim version.
However, the affordability comes with a few compromises. The Model 3 Standard features simplified 18-inch wheels, limited color options (white, black, or gray), and a minimalist interior.
The cabin replaces premium materials with cloth seats, removes ambient lighting, and features a manual steering column.
Buyers also won’t find ventilated seats or a rear infotainment screen—features reserved for higher-end trims.
Here’s the pricing breakdown for the 2026 Tesla Model 3 lineup:
Model 3 Standard RWD – $38,630
Model 3 Premium RWD – $44,130
Model 3 Premium AWD – $49,130
Model 3 Performance – $56,630
Tesla has also tuned the suspension dampers differently for the Standard variant and removed the Autosteer feature, though buyers can add Full Self-Driving (Supervised) capability for an additional $8,000. Surprisingly, the model includes manual side-view mirrors, an uncommon feature in modern electric vehicles.
Compared to the Premium RWD model, the Standard version offers slightly less range (321 vs. 363 miles) and slower charging speeds, adding 170 miles of range in 15 minutes versus 195 miles on the higher trim.
The Model 3 Standard now stands as Tesla’s most affordable vehicle, undercutting the Model Y Standard ($41,630).
It will compete in the sub-$40,000 EV market against rivals like the Hyundai Ioniq 6, Chevrolet Equinox EV, and Nissan Leaf.
Tesla confirmed that deliveries for the Model 3 Standard are expected to begin in December 2025 or January 2026, giving buyers an early opportunity to experience Tesla’s technology at a lower price point.