The compact Model 3 sedan received a $2,000 price cut for 2019 as the federal government phases out the $7,500 tax credits for Tesla EV buyers this year. There’s still a chance the automaker could release a base Model 3 that starts at around $35,000 sometime during 2019, but it may or may not ever come to fruition. In the meantime the Model 3 can run for between 260 and 310 miles on a charge, depending on the version.