The Tesla Model 3 is an all-electric mid-size sedan launched in 2017 by Tesla, Inc., intended to be a more accessible vehicle than previous Tesla models. It features a fastback design and is known for its advanced technology and performance. From 2018 to 2020, it was the world's best-selling plug-in electric car. In June 2021, it became the first electric car to sell over 1 million units globally. The Tesla Model Y, a crossover SUV, is based on the Model 3 chassis.
Tesla launched a new Model 3 lease program to boost sales. The attractive lease offer aims to increase demand amid slow 2025 sales. The program provides more accessible options for consumers.
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