"The new Model Y, costing just under $40,000 with a stripped-down interior, follows a slump in Tesla sales covering most of the past year due to anti-Elon Musk boycotts targeting the company. The company is also offering a cheaper version of its Model 3 for under $35,000. The company is under intense pressure to lift sales but is facing big challenges."
"Compared to previous models, the new Model Y comes with a shorter 321-mile driving range, fewer audio speakers and a fabric interior, not microsuede. The model also lacks a panoramic glass roof and a touchscreen in the second row. The new Model 3 has also cut down on the driving range, ambient lighting and other features. The new Model Y faces stiff competition in the $40,000 range for EVs from vehicles including Ford's Mustang Mach-E, Chevrolet's Equinox EQ and Hyundai's Ioniq 5."
Tesla rolled out cheaper versions of the Model Y and Model 3, pricing the new Model Y just under $40,000 and the Model 3 under $35,000 to stimulate demand. The new Model Y offers a 321-mile range, fewer audio speakers, a fabric interior instead of microsuede, no panoramic glass roof and no second-row touchscreen. The Model 3 also has reduced driving range, ambient lighting and other features. Sales have slumped over the past year amid anti-Elon Musk boycotts and the expiration of a $7,500 federal EV tax credit. The trims face stiff competition in the sub-$40,000 EV market.
Read at ABC7 San Francisco
Unable to calculate read time
Collection
[
|
...
]