Tesla’s ‘Affordable’ EV Gamble Backfires – Stock Sinks as Cheaper Models Disappoint Investors
Tesla Debuts “Affordable” Models to Revive Sales Tesla unveiled new budget-friendly trims of its two top-selling vehicles – the Model Y crossover and Model 3 sedan – in an effort to boost sagging sales. The announcement on October 7 introduced “Standard Range” versions of the Model Y (starting at $39,990) and Model 3 ($36,990)theguardian.com. These prices are roughly 15% lower than Tesla’s previous base models, marking a significant adjustment aimed at a wider swath of buyers. However, some immediately questioned just how “affordable” these Teslas really are. The new starting prices still hover closer to $40k than the sub-$30k level many consider true mass-market territory. In fact, the discounts amount