Tesla CEO Elon Musk announced on Twitter that a new variant of the company's Model 3 electric sedan is going on sale today.
He wrote, "Costs $35k after federal & state tax rebates in California, but true cost of ownership is closer to $31k after gas savings."
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On the company's website, this Model 3 has a $47,500 sticker price, but is advertised as costing $33,200 after estimated savings, which includes incentives and gas savings.
CNBC reached out to Tesla for more information but the company did not respond immediately.
Musk tweeted that this Model 3 uses a battery with fewer cells than those included in Tesla's prior versions of the electric sedan.
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Tesla has promised the lowest-spec model of the Model 3 will be available at a purchase price around $35,000. It has yet to offer this low-cost model.
In its last vehicle production and deliveries report, Tesla said it produced 53,239 Model 3 vehicles in the third quarter, in line with its guidance.
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