Tesla's new Long Range Rear-Wheel Drive Model 3 addresses price and battery range concerns for EV buyers with a 363-mile range and a lower price than other Model 3 variants.
The appeal of electric sedans is rising among EV buyers, especially due to their affordability and longer battery range compared to SUVs, influencing Tesla's strategic move.
Tesla's new Model 3 aims to cater to the growing interest in entry-level EVs by offering a cost-effective option with an appealing battery range, leveraging incentives and tax credits.
While SUVs are still popular, the development of electric vehicles may shift buyer preferences towards sedans, considering their greater range capacity, making Tesla's sedan offering a strategic choice.
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