Tesla reveals its long-awaited affordable models, the $34,990 Model 3 Standard and $37,990 Model Y Standard

Tesla's most affordable models have finally arrived. On Tuesday, the EV giant unveiled the long-awaited budget-friendly version of the Model Y, Tesla's most popular vehicle — and it costs $39,990.But in a surprise move, the company also announced a Model 3 Standard that costs even less — with a price of $36,990. It comes after Tesla reported record quarterly sales last week, as US buyers rushed to snap up EVs ahead of the end of the $7,500 tax credit for a new electric vehicle.Without the tax credit, Tesl ...