Overview

• The new Model 3 Standard starts at $36,990 and the Model Y Standard at $39,990, with U.S. orders live and many delivery estimates showing December 2025 to January 2026.
• Tesla cut costs by removing features such as Autosteer, the rear passenger screen, FM radio and several comfort upgrades; the Model 3 loses power-adjustable mirrors and the Model Y replaces its transparent panoramic roof with a closed headliner.
• Both trims use single‑motor rear‑wheel drive and smaller battery packs of roughly 69.5 kWh usable, with EPA ranges quoted at about 321 miles on 18‑inch wheels or 303 miles on 19s and peak DC fast charging limited to around 225 kW.
• Output and performance are reduced versus higher trims, with reports citing about 300 hp and 0–60 mph in 6.8 seconds for the Model Y and about 286 hp and 0–60 mph in 5.8 seconds for the Model 3.
• Prices are roughly $5,000 to $5,500 below the now‑renamed Premium versions, and the mixed reaction included a roughly 4.5% drop in Tesla shares as analysts warned of limited demand expansion, potential margin pressure and cannibalization.