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The 'Godfather of EVs' Says Tesla's New Affordable Models Won't Stop It Losing Ground to China

Tesla removed lane centering from its affordable Model 3 and Model Y trims to promote an $8,000 Full Self-Driving upgrade, aiming to enhance software sales margins.

Summary by Business Insider
Tesla unveiled the Model Y and 3 Standard, which cost $40,000 and $37,000.Tesla Motors/via REUTERSTesla finally launched "affordable" versions of the Model Y and 3 last week.Ex-Nissan COO Andy Palmer told Business Insider the new models can't compete with Tesla's Chinese rivals.Palmer is known as the "godfather of EVs" for launching the world's first mass-market electric car.Tesla's "affordable" EVs are finally here — and not everyone is impress…

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Inside EVs broke the news in on Monday, October 13, 2025.
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