Tesla launches low-cost Model 3 variant in Europe

Core Insights - Tesla has launched a new, lower-priced standard version of its Model 3 car in Europe, following its earlier release in the United States [1] Company Summary - The new Model 3 variant is aimed at expanding Tesla's market presence in Europe, reflecting the company's strategy to offer more affordable options to consumers [1] Industry Summary - The introduction of a lower-priced electric vehicle aligns with the growing demand for affordable EVs in the European market, which is increasingly competitive [1]