US Edition
Tesla prices Model Y standard below $40,000, debuting more affordable vehicle
Tesla introduced lower-priced Standard versions of Model Y and Model 3 to address lost $7,500 US federal tax credit and rising competition, aiming to boost sales with 321 miles of range each.
- Tesla introduced more affordable versions of the Model Y SUV and Model 3 sedan, priced at $39,990 and $36,990, respectively, aiming to increase sales amid rising competition.
- The new Standard models have a range of 321 miles but feature fewer options and amenities compared to premium versions.
- Chief Executive Elon Musk stated that offering lower prices is crucial as the demand is high, but many potential buyers lack the funds.
- Despite price cuts, analysts noted that these changes might not significantly boost sales, especially after the expiration of a $7,500 federal tax credit.
273 Articles
273 Articles
The strategy seeks to attract more buyers without giving up the essence of the brand, offering entry models below $40,000 dollars
Tesla’s New EVs Are Worse, But Cheaper. That’s the Point.
We finally know what Tesla means by an “affordable” electric vehicle. On Tuesday, the electric automaker revealed the stripped-down, less-fancy “Standard” version of its best-selling Model Y crossover and Model 3 sedan. These EVs will sell for several thousand dollars less than the existing versions, which are now rebranded as “Premium.”These slightly cheaper Ys and 3s aren’t exactly the $25,000 baby Tesla that many fans and investors have antic…
Tesla launches entry-level Model 3 and Model Y, starting at $36,990 amid EV market shake-up - Tech Startups
Tesla has taken a swing at the slowing electric vehicle market by introducing cheaper versions of its best-selling Model 3 sedan and Model Y SUV. The move comes just days after the expiration of U.S. federal EV tax credits, signaling […] The post Tesla launches entry-level Model 3 and Model Y, starting at $36,990 amid EV market shake-up first appeared on Tech Startups.
The Blade
Antelope Valley PressTesla offers cheaper versions of 2 electric vehicles
NEW YORK — Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales but investors dumped its stock anyway.
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