Tesla unveils long-awaited cheaper Model Y, Model 3 in drive to reignite sales — here's what they cost

Tesla unveiled more affordable versions of its best-selling Model Y SUV and its Model 3 sedan on Tuesday at $39,990 and $36,990, respectively, as the electric-vehicle maker seeks to reverse falling sales and waning market share amid rising competition.Tesla shares were down 4%shortly before the close.Both versions, called Standard, offer 321 miles (516 km) of range and less powerful acceleration than the current higher trims called Premium. They can be ordered immediately, with deliveries set to start betwe ...