"Both the Model Y Standard and Model 3 Standard come in roughly $5,000 below the Premium trims. The Model 3 Standard starts at around $38,630 with destination and order fees, whereas the Model Y Standard is priced around $41,630. Tesla has aggressively decontented them, shaving off features in the name of affordability. But more than two months after hitting U.S. showrooms, these budget Teslas haven't delivered the sales boost the company hoped for."
"Demand for Standard versions was expected to support sales in November, but the company's total sales fell nearly 23% to 39,800 vehicles from 51,513 a year earlier and were the lowest since January 2022, according to the data from Cox, which tracks sales across the industry. "The drop certainly shows there is not enough demand for the Standard variants that were supposed to boost sales after the tax credit expiry," Stephanie Valdez Streaty, Cox's director of industry insights, said in an interview with Reuters."
Tesla introduced decontented Model 3 and Model Y Standard variants in October, priced about $5,000 below Premium trims to offer lower-cost options. The Model 3 Standard starts around $38,630 and the Model Y Standard around $41,630 including destination and order fees. More than two months after launch, U.S. demand has not increased; November sales fell nearly 23% to 39,800 vehicles, the weakest month since January 2022, according to Cox Automotive. Cox's director of industry insights stated the drop indicates insufficient demand for the Standard variants after the tax credit expiry. Separately, Ford and battery maker SK On ended their U.S. joint venture, and automakers warned against Chinese government-backed automakers and battery investments entering the U.S., citing national vulnerability concerns.
Read at insideevs.com
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