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126 Tesla's stripped back standard models bring the Model 3 and Y back under $40k

Engadget
Engadget 3 place · today 16:50 EDT

Tesla's stripped back standard models bring the Model 3 and Y back under $40k

Tesla has been promising less expensive versions of its electric vehicles for several months, and today the company introduced two 'standard' models. The Standard Model 3 sedan will retail starting at $36,990 and the Standard Model Y SUV will start at $39,990. While these price tags make Tesla EVs available for less than $40,000, the cost is still not down to the $35,000 level that the company once briefly had for the Model 3. Although the price tags seem lower, the US ended its federal tax incentive for EV

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