Overview

• The new entry trims start at $36,990 for the Model 3 Standard and $39,990 for the Model Y Standard, with orders open now and deliveries shown for December 2025 to January 2026.
• Both variants use a single‑motor rear‑wheel‑drive setup and a smaller roughly 69–69.5 kWh usable battery, with EPA estimates around 321 miles on 18-inch wheels.
• Tesla removed or downgraded features including Autosteer, the rear passenger touchscreen, rear heated seats, front seat ventilation, AM/FM radio, some interior materials, and faster DC charging now capped near 225 kW.
• The Model Y Standard loses its panoramic glass experience in favor of a headliner over retained glass and drops the LED light bar, while both cars limit color choices and fit 18-inch wheels as standard.
• Shares fell about 4–5% as several analysts said a roughly $5,000 price cut may be too small and could cannibalize higher-margin trims as Tesla faces intensifying competition and varied state incentives.