Tesla Reveals Cheaper Versions of Model Y and Model 3

Tesla has announced the introduction of cheaper versions of its popular Model Y and Model 3 electric vehicles. The new models will start at around $37,000 for the Model Y and $40,000 for the Model 3, making them more accessible to a wider range of consumers. The move aims to bring Tesla's electric cars closer in price to traditional gasoline-powered vehicles, a key factor in driving mass adoption of electric vehicles. This could help Tesla appeal to a broader market and further its mission of accelerating the transition to sustainable transportation. The announcement comes as the company continues to navigate supply chain challenges and inflationary pressures, which have impacted the pricing of its vehicles. By offering more affordable options, Tesla hopes to remain competitive and continue its growth in the electric vehicle market.
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