Shares of Tesla, Inc. TSLA gained in Wednesday’s premarket session after a 2.28% pullback in the previous session.
The upside was likely fueled by positive performance in index futures on Wednesday and the launch of the electric vehicle giant’s new Model 3 EV in North America.
The pricing for the rear-wheel drive and Long Range variants is listed as $38,990 and $45,990, respectively, on the company’s website. The LR trim boasts a range of 371 miles, 8 miles more than the original version.
When Tesla initially released the Model 3 refresh, starting in China and later expanding to Europe and other Asian countries, it garnered mixed reviews.
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Commenting on the newly launched Model 3, Tesla’s Head of Investor Relations, Martin Viecha, stated, “This thing is so much quieter and more refined than my current Model 3; it’s an upgrade I’ve been waiting for.”
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