"On Tuesday, Tesla announced affordable versions of the Model Y and Model 3. Unlike the premium versions, the standard models won't ship with key features like leather seats, a radio, a rear screen for passengers, and the "Autosteer" feature of Tesla's Autopilot software. The "Model Y Standard" and the "Model 3 Standard" cost $39,990 and $36,990, respectively. Both cars are about $5,000, or around 10% cheaper than their premium versions, and will be available starting next month."
""The beggar's version of Tesla's Model Y costs 230,000 yuan. Will you buy it?" one user wrote on Tuesday in a post on Weibo, China's version of X. The post drew nearly 300 likes and comments. Other Weibo users said the prices of Tesla's budget models aren't as competitive as the EVs made by Chinese automakers. "I'm definitely not buying them. For the same price, there are far more options I can get from local automakers," read one comment."
""For an extra 10,000 RMB, I can get the Li i6. Wouldn't that be a better deal?" one user wrote, referencing an electric SUV made by Li Auto, a Chinese automaker. Some users, on the other hand, said the budget models may sell well. "A lot of people will say they aren't interested, but Tesla could end up selling loads of them," one user commented. "I really want to get one, but I can't afford it," read one comment."
Tesla announced the Model Y Standard and Model 3 Standard at prices of $39,990 and $36,990 respectively. The standard models omit leather seats, a radio, a rear passenger screen and the Autosteer feature of Autopilot. Both cars are roughly $5,000, or about 10%, cheaper than their premium counterparts and will be available starting next month. Chinese social media reactions were mixed. Some commenters said the trimmed features and prices made the models unappealing compared with domestic EV offerings and named alternatives like the Li i6. Other commenters predicted strong sales or expressed personal interest but noted affordability constraints. Tesla did not respond to a request for comment.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]