Tesla reveals slightly cheaper ‘standard' versions of the Model 3 and Model Y
1. Tesla launches more affordable Standard versions of Model 3 and Model Y. 2. New models start at $36,990 and $39,990 without Autopilot features. 3. Pricing does not meet earlier expectations of a $25,000 model. 4. Tesla aims to regain growth amid declining sales in 2024. 5. Competitive pressure could increase with other automakers entering the affordable EV market.