Tesla prices standard versions of Model Y, Model 3 under $40K

Tesla, a subsidiary of Elon Musk, revealed on Tuesday the low -price versions of Y SUV and Model 3 sedan.

The electric cars manufacturer priced the “standard” version – or the basic version – the Y and T -3 at a price of $ 39.990 and $ 36.990, respectively.

The standard version of both vehicles is 321 miles, with a top speed of 125 miles per hour.

Tesla raises an advertisement on Tuesday through social media clips

The Supreme Edition of the Y, which is called “Performance”, has an estimated range of 306 miles, a top speed of 155 miles per hour, a time from zero to 60 in 3.3 seconds and costs $ 57.490.

The 3 -mile performance version of 39 miles is characterized by an estimated time, and a top speed of 163 miles per hour, and reaches from zero to 60 miles per hour in just 2.9 seconds at a price of $ 54.990.

Tesla posted a video on social media during the weekend, raising an unspecified advertisement on Tuesday.

The main account of Tesla was posted on X, the social media platform owned by Musk, a video clip early Sunday morning for a wheel or fan showing the Tesla logo starting to rotate before acceleration.

The video color then turns black with 10/7 date, indicating an advertisement of some kind on October 7.

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Tesla released another video later on Sunday showing the headlights of the car and the body of the car covered with darkness.

Reuters stated for the first time that CEO Elon Musk promised years ago to produce cars in the comprehensive market, although last year he canceled plans to build a completely $ 25,000 electric car. Instead, he chose to build affordable versions based on the current Tesla models, which raised concerns between investors and analysts that the cheapest cars will lead to the erosion of current vehicle sales and limited growth.

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Late last year, Musk said that the price of the car would be less than the “main threshold” of $ 30,000, including tax exemptions for American electric vehicles.

Low -price versions of famous models follow the standard delivery processes of Tesla in the third quarter, which were driven by the height of electric cars purchases before the end of the federal government discounts. Tax credit worth $ 7,500 On September 30.

“The desire to buy the car is very high. (It’s only) that people do not have enough money in the bank account to buy it,” Mask said in July. “Thus, the more we can make the car at reasonable prices, the better.”

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Despite support from the strong third quarter, analysts expect that the annual Tesla deliveries will decrease for the second year in a row to about 1.62 million cars, amid the low demand due to the end of tax exemptions on the purchase of electric cars in addition to the opposite political winds from the work of a mask with the company. Trump administration.

However, Wall Street expects Tesla delivery to 1.85 million cars next year, with the cheapest model for 155,610 units in 2026, according to Visible Alpha estimates.

Reuters contributed to this report.