For nearly two decades, CEO Elon Musk has promised Tesla would make a more affordable electric vehicle, to, as he put it in 2006, “help expedite the move from a mine-and-burn hydrocarbon economy towards a solar electric economy.” Is it finally here? Kinda, sorta.

On Tuesday, Tesla announced a new Model Y and Model 3 Standard, versions of its popular compact SUV and sedan stripped of a few higher-end touches and features to bring the price down to $39,990 and $36,990, respectively. They’re both about $5,000 cheaper than the Premium variants, which goes a ways—but not all the way—towards recouping the $7,500 tax credit canceled by the GOP-led Congress this past summer .

The price point also puts Tesla’s newest models firmly in the “more affordable” EV camp. The average transaction pric

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