US EditionTesla 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.
216 Articles
216 Articles
Tesla has introduced the Model Y Standard and Model 3 Standard, two new entry-level variants that bring down the price of electric cars. Especially in the crossover, you can immediately recognize the cheapest version.
Tesla Steers Toward Mass Market … Sort Of
On Tuesday, Tesla announced a lower-cost version of its Model Y electric vehicle. So why now? What finally convinced the company to bring its long-rumored, and possibly once-canceled, mass market vehicle to fruition? We can think of 1,000,000,007,500 reasons. That’s the size of Elon Musk’s new pay-for-performance pay package (plus an insignificant-by-comparison number long prized by EV buyers). No Tax Credit? No Problem At the end of September, …
Tesla has presented a new entry-level version for its mass models Y and 3. The cheaper price should attract more buyers again. They have to do without some features that have been standard so far.
Tesla launches new Model Y and Model 3 as Elon Musk scrambles to boost sales - 'Not for the people!'
Tesla has finally unveiled two new low-cost electric car models designed to compete with some of the largest manufacturers in the world as it loses its grip on the best-selling EV brand.Following a recent downturn in sales over the last year, Tesla is aiming to reclaim its title as the world's leading manufacturer of electric vehicles.While drivers have been swayed by growing competition in the EV market, cheaper alternatives or CEO Elon Musk's …
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