The cheapest option is now Long Range, which received a price drop, but still ends up costing more than the Standard Range models did by a few thousand dollars.
He is best known for helping launch the Ford Mustang in the 1960s and for reviving Chrysler under his leadership and saving it from bankruptcy in the 1980s.
A couple of weeks ago, Tesla announced a $35,000 Model 3 and the closure of its physical stores, but this week that decision has been reversed and Tesla's prices are increasing.
Musk on Twitter on Monday said that the factory would make Tesla's Model 3, and that the Model S and the Model X would still be built in Tesla's two U.S. factories.