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flag Tesla launches cheaper Model 3 in Europe to boost sales amid competition and declining demand.

flag Tesla has launched a lower-priced Model 3 Standard in Europe, starting at €37,970 in Germany, to combat slowing sales and rising competition from Chinese and European EV makers. flag The model, which omits premium features but maintains a range over 300 miles, follows a U.S. debut in October and a similar low-cost Model Y rollout. flag Deliveries are expected in early 2026. flag The move reflects Tesla’s shift toward affordable models amid declining registrations, reduced government incentives, and backlash over CEO Elon Musk’s political activities.

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