Particle.news
Download on the App Store

Tesla Launches Lower-Priced ‘Standard’ Model 3 and Model Y in U.S.

The pared-back trims reflect Tesla’s pivot from a new $25,000 car to decontented models after U.S. incentives ended.

Overview

  • The Model 3 Standard lists at about $36,690 and the Model Y Standard at $39,990, roughly $5,000 below the next trims.
  • The new versions cut equipment and range, with the Model Y Standard rated around 321 miles versus 357 miles for the premium RWD.
  • Observed deletions include the radio, power-adjustable steering column, Autosteer lane-keeping, rear-seat heating, panoramic glass roof, adaptive headlights, and premium audio.
  • The move follows the Sept. 30 expiration of the $7,500 U.S. EV tax credit, which preceded a Q3 delivery surge to 497,099 vehicles.
  • Analysts questioned whether the smaller price step will unlock significant demand, and Tesla shares fell as much as 4.4% on the news.