*By Carlo Versano*
Tesla CEO Elon Musk [tweeted](https://twitter.com/elonmusk/status/1053060766771761152) Thursday night that a long-awaited cheaper version of the Model 3 is now on sale.
According to the re-launched Model 3 [website](https://3.tesla.com/model3/design?#battery), the sticker for the new variant ー which has a "mid-range" battery that can go 260 miles between charges ー will be $45,000. But Musk said the cost is closer to $35,000 "after federal & state tax rebates in California."
He added: "But true cost of ownership is closer to $31k after gas savings."
The surprise announcement came as Musk seeks to right the ship at Tesla after a string of controversies and high-level departures. Most recently, Tesla's manufacturing VP stepped down, following resignations from its HR, supply chain, and accounting chiefs, among others . Musk has also agreed to relieve himself of his chairman role in a settlement with the SEC over accusations he manipulated the company's stock price with his tweets about taking it private over the summer.
But the company has been firing on all cylinders in terms of production, having built 53,000 Model 3s in its last reported quarter. Those vehicles were priced higher and came with a longer-range battery.
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Google's users will now have extensive greener options. The updated services across platforms will allow users to look for eco-friendly routes in Google Maps, book flights with low carbon emissions, and reduce energy usage at home with Nest thermostats.
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Shares for Netflix ($NFLZ) surged on survey data that showed people still saw the streaming platform as offering the best content compared to its competitors. A report by investment banking company Cowen Inc. reported the findings, rating it an outperform, and expects Netflix to garner 3.6 million new subscribers in Q3.
