Tesla unveiled more affordable versions of its best-selling Model Y SUV and Model 3 sedan on Tuesday at $39,990 and $36,990, respectively, as the electric-vehicle maker seeks to reverse falling sales and waning market share amid rising competition.

Tesla Motors’ Model Y Standard car was unveiled on Tuesday. via REUTERS

How Tesla’s cheaper models compare to other electric vehicles VEHICLE STARTING PRICE RANGE CHARGING SPEED ACCELERATION DRIVER ASSIST TECH Volkswagen ID.4, 2025, Pro $45,095 291 miles 10-80% in

around 28 to to 30 mins Dual motor all- wheel drive

accelerates to 0-60 mph in 4.9 seconds Lane change assist, parking

assist, memory parking Tesla Model Y

Standard Rear-Wheel Drive $39,990 321 miles Up to 160 miles added in 15 minutes 0-60 mph in 6.8 seconds Traff

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