Transportation
Tesla Unveils Under-$40,000 Versions of Its Top-Selling EVs
The Model Y Standard Tesla SUV
Source: Tesla
Tesla Inc. introduced new versions of its top-selling models priced at under $40,000, making its main vehicles more affordable to counteract the loss of US incentives for electric cars.
The new standard versions of the Model 3 sedan and Model Y sport utility vehicle start at $36,990 and $39,990, Tesla’s website shows. Those starting prices are about 13% and 11% cheaper, respectively, than premium longer-range versions of each model.