Tesla now has cheaper Model Y and 3 cars
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Tesla's been getting lit up left and right for one particular cost-cutting measure it brought its newly unveiled cheaper Model Y: the "closed glass roof." The 2026 Model Y Standard comes with what looks like the same panoramic glass as its pricier siblings—but it's covered up with a fabric headliner so you can't see out of it.
On Tuesday, the EV giant unveiled the long-awaited budget-friendly version of the Model Y, along with a cheaper Model 3.
Tesla's long-awaited 'more affordable' models are just stripped-down Y & 3, and cost more than they cost last week due to tax credit expiry.
Tesla's Standard Model 3 sedan will retail starting at $36,990 and the Standard Model Y SUV will start at $39,990.
The so-called Model Y Standard has leaked online, offering fewer features and luxuries along with a reported $5K savings over the current base version
Tesla released its long-awaited 'more affordable' model this week, to lukewarm reception in the US. But in the EU, the deal is much better.
In addition, Tesla ( NASDAQ: TSLA) unveiled a new price for its standard rear-wheel drive Model 3 of $36,990. While Tesla ( TSLA) topped expectations with its Q3 deliveries report, analysts do not expect that tally to be matched in the next couple of quarters due to the pull-forward of electric vehicle demand to capture the EV tax credit.
Tesla teased an October 7 event, in which investors and analysts anticipate a more affordable model to sustain sales momentum.