This Tesla is now a whole lot cheaper

STR / AFP

Tesla has driven down the price of its Model 3.

The car will now be sold at a starting price of USD $35,000, just over AED 128,000.

It means that the electric car company has come good on a promise it made more than two years ago.

In a bid to cut costs, Tesla is also going to switch to an online-only sales model.

Chief executive Elon Musk says closing physical stores will allow the firm to cut costs by about 5 per cent.

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