Tesla has driven down the price of its Model 3.
The car will now be sold at a starting price of USD $35,000, just over AED 128,000.
It means that the electric car company has come good on a promise it made more than two years ago.
In a bid to cut costs, Tesla is also going to switch to an online-only sales model.
Chief executive Elon Musk says closing physical stores will allow the firm to cut costs by about 5 per cent.
                                
                                        
            ADNOC, Gecko Robotics sign deals to accelerate AI, robotics, skills training
        
            ADIPEC 2025 kicks off in Abu Dhabi with record global presence
        
            Maktoum bin Mohammed chairs Board meeting of Federal Tax Authority
        
            UAE’s first AI-designed business complex launched in Sharjah
        
                                    
                                    
                                    