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Tesla Targets Budget EV Buyers with Pared-Down Model 3 and Model Y

Tesla introduces more affordable Model 3 and Model Y trims with up to 10% lower prices and improved efficiency to compete in the evolving electric vehicle market.

Summary by Tech Spot
Tesla has introduced more affordable versions of its two best-selling vehicles, unveiling "standard" editions of the Model 3 sedan and Model Y SUV. The Wall Street Journal notes that both trims strip away some premium interior and exterior features to reach lower price points. The Model 3 Standard starts at...Read Entire Article
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Although Tesla's €25,000 electric car will probably never see the light of day, the American manufacturer has just launched a new, more accessible version of its Tesla Model Y and Model 3: the Standard. As a result, the SUV is under $40,000 in Uncle Sam's country and this new configuration of the Model 3 becomes the cheapest vehicle in the history catalogue. But to be able to take advantage of these two models at a lower cost, you will have to m…

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MotorTrend broke the news in on Tuesday, October 7, 2025.
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