Tesla rises after co launches new Model 3 for $45,000

Reuters

Published Oct 19, 2018 06:47AM ET

Tesla rises after co launches new Model 3 for $45,000

- Shares of electric carmaker (O:TSLA) up 1.6 pct at $268.21 premarket

- Co introduces a new $45,000 version of Model 3 sedan, as U.S. tax breaks for TSLA cars are about to decrease

- Rear-wheel-drive model has a "mid range" battery, a range of 260 miles, according to TSLA's website