Tesla Unveils Cheaper Model Y And Model 3—Countering Tax Credit Loss

ToplineTesla on Tuesday unveiled plans to sell cheaper alternatives of its Model Y and Model 3 cars, its first product release in years, as Elon Musk’s automaker created more affordable options for its bestselling vehicles in an apparent move to offset the recent loss of tax incentives to buy electric vehicles. Elon Musk has said his automaker would sell an affordable Model Y, as “people don’t have enough money in the bank account to buy it” despite high demand.TeslaKey FactsTesla priced its Model Y Standar ...