By Tony Owusu The automaker announced an electric model priced at less than $30,000 Tesla (TSLA) – Get Tesla Inc Report may have a firm grip on the U.S. electric vehicle market, but every week there is a new challenger emerging ready to take a bite out of the market pie. The Model 3 sedan was the turning point for mainstream adoption. The budget sedan from what had been a luxury EV car brand transformed Tesla into a household name, leaving competitors in the space in the dust. Model 3 launched with a $35,000 price tag in 2017 and Tesla hasn’t looked back since. The Model 3 was Europe’s best-se…