US EditionTesla prices Model Y standard below $40,000, debuting more affordable vehicle
Tesla aims to boost sales with stripped-down Model 3 and Model Y Standard versions priced under $40,000, following the expiration of the $7,500 federal EV tax credit.
- Tesla introduced new versions of the Model 3 and Model Y, with prices set at $36,990 and $39,990 respectively, aiming to increase sales.
- The Model Y Standard features a shorter 321-mile range, fewer audio speakers, and a fabric interior, omitting luxuries found in previous models.
- Tesla's stock fell by 3% after this announcement, indicating investor concern despite record quarterly sales.
- CEO Elon Musk previously stated that affordability is key for electric vehicle adoption.
98 Articles
98 Articles
Tesla has now revealed slightly more accessible version “Standard” of its popular vehicles Model 3 and Model Y. It knows the prices. Model 3 is going to have a price from $36,990,...
Tesla launches cheaper versions of Model 3 and Model Y, Wall Street disappointed. ...
Tesla's stripped-back standard models bring the Model 3 and Y back under $40,000
Tesla has been promising less expensive versions of its electric vehicles for several months, and today the company introduced two 'standard' models. The Standard Model 3 sedan will retail starting at $36,990 and the Standard Model Y SUV will start at $39,990. While these price tags make Tesla EVs available for less than $40,000, the cost is still not down to the $35,000 level that the company once briefly had for the Model 3. Although the price…
Coverage Details
Bias Distribution
- 61% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
