Tesla Launches Affordable Model Y and Model 3 to Offset Tax Credit Loss

Reported 1 day ago

Tesla has introduced the more affordable Model Y Standard, starting at $39,990, and the Model 3 Standard at $36,990, in response to the recent expiration of the federal EV tax credit. Both models are now available for order in the U.S. with a focus on boosting sales, as Tesla aims to recover from a dip in quarterly sales. The Standard trims feature essential adjustments, such as fewer luxury details and a reduced technical capability compared to pricier models. This launch comes as part of Tesla's strategy to increase production volume during uncertain economic conditions.

Source: YAHOO

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