Tesla’s stripped-down standard models bring the Model 3 and Y under $40,000

It was Tesla Promising Less expensive versions of its electric cars have been around for several months, and today the company introduced two “standard” models. the Standard form 3 The sedan will retail for a starting price of $36,990 and Standard form Y The SUV will start at $39,990. While these price tags make Tesla electric vehicles available for under $40,000, the cost is still not enough. $35,000 A level that the company briefly had for the Model 3.

Although prices appear to be lower, the US ended federal tax incentives for electric vehicles on September 30. This allowed buyers to save $7,500 on the purchase of electric vehicles. These standard models cost approx Another $2000 Of the old spec, now called “Premium”, which was going to retail last week.

Both have an EPA-estimated range of 321 miles on a full battery. However, these standard versions will also have fewer features than their counterparts. It’s only available with rear-wheel drive, and won’t offer the Autopilot or Autosteer driver assistance programs. The trim was also stripped back, with only the first row of seats having heaters, no touchscreen in the second row and no AM/FM radio.

On the other end of the spectrum, Tesla has updated the higher end performance A copy of the Model Y last week.