Tesla launches cheaper version of Model Y, available for orders immediately – Here's how much it will cost now

Tesla introduced new, more budget-friendly versions of its top-selling Model Y SUV and Model 3 sedan on Tuesday, priced at $39,990 and $36,990 respectively, a move that aims to combat declining sales and shrinking market share as competition increases, reported Reuters.These standard versions have a range of 321 miles (516 km) and less acceleration than the higher-tier Premium ones. According to Tesla's website, they are available for order now, and deliveries are expected to begin between December 2025 and ...