Tesla has introduced less expensive versions of its Model Y and Model 3 vehicles, marking its first new product release in years. These new models, priced at $37,990 for the Model Y and $34,990 for the Model 3, are positioned below the premium alternatives and appear to be a strategic response to the recent expiration of a $7,500 federal tax credit for electric vehicles.
Elon Musk has stated that the move to create more affordable options is driven by the observation that potential buyers lack the financial means to purchase the vehic... download the app to read more
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