The new, “Standard” versions of the company’s Model Y and Model 3 vehicles will start at $39,990 and $36,990 respectively.The new, “Standard” versions of the company’s Model Y and Model 3 vehicles will start at $39,990 and $36,990 respectively.
Tesla Rolls Out Cheaper EVs, But Prices Fail to Excite Market
Tesla debuted cheaper versions of its best-selling Model Y and Model 3 vehicles Tuesday in a bid to capture lost market share, Reuters reported.
The new, “Standard” versions of the company’s Model Y and Model 3 vehicles will start at $39,990 and $36,990 respectively, and offer ranges of above 300 miles, the report said.
The new, lower price points are intended to attract a wider base of customers — a long-standing goal of CEO Elon Musk — but were met with a lukewarm response from market observers.
Investors are concerned that the prices are not low enough to significantly boost demand, while analysts noted that the new prices may not be competitive enough to sway buyers from an increasing number of lower-cost alternatives, particularly in key overseas markets such as China and Europe.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Ozak AI Crosses $3.2 Million Raised—How Early Investors Are Now Sitting On 100x Returns And Triple-Digit Profit Percentages
The post Ozak AI Crosses $3.2 Million Raised—How Early Investors Are Now Sitting On 100x Returns And Triple-Digit Profit Percentages appeared on BitcoinEthereumNews.com. Ozak AI’s presale has reached an impressive milestone, raising over $3.2 million and selling over 905 million $OZ tokens. With the presale now in Phase 6, the price of $OZ stands at $0.012, offering a unique opportunity for investors. As the presale continues, the price will grow to $0.014 at the next stage, as the presale proceeds, which will indicate the presence of a great growth prospect. This has already seen first movers make gains of up to 100 times their original investment, and it is currently one of the most anticipated crypto events in recent months. It will continue to increase in price, and the final goal will be one dollar per token, with early investors having the ability to get high percentages of profits. Presale Details and Upcoming Milestones The presale has been an interesting event, with a total of 905 million tokens being sold and raising a total of $3,270,894.70. There has been a rush by investors to purchase their tokens at the prevailing price of $0.012. The price will rise to $0.014 during the next stage of the presale, which will also boost the returns of the early adopters. The presale gives a target price in the future of $1.00 per token, giving the investors an opportunity to enjoy the returns of up to 100x, in addition to the triple-digit percentage profits. The presale is getting attention not only because of its price trend but also due to the high-tech underpinning behind Ozak AI, which is a combination of machine learning frameworks and blockchain technology. The combination has created a buzz on the possibility of real-time market forecasting and risk assessment. The increasing number of partnerships with the Pyth Network and Dex3, among others, is also enticing investors, as it will improve the data feeds and…
Share
BitcoinEthereumNews2025/09/18 20:42
Utah Man Receives 3-Year Sentence For $3M Deceptive Exchange Scheme
The post Utah Man Receives 3-Year Sentence For $3M Deceptive Exchange Scheme appeared on BitcoinEthereumNews.com. Crypto Fraud Exposed: Utah Man Receives 3-Year
Share
BitcoinEthereumNews2026/01/16 11:56
Zero Knowledge Proof (ZKP) Set To Explode 3000x, Surpassing POL And Ethereum As The Next Crypto Breakout
Explore Zero Knowledge Proof (ZKP) as it targets 3000x gains, outperforming POL and Ethereum while capturing major attention from crypto investors worldwide.
Share
CoinLive2026/01/16 12:00