Tesla has spent more than a year teasing that “more affordable models” of its vehicles were on the way, and on Tuesday, the company finally revealed them. The company is now selling a more bare-bones version of the Model 3 sedan and the Model Y SUV, which start at $36,990 and $39,990, respectively.
The new versions, each dubbed “Standard,” get an estimated 321 miles of range on a full battery, and will come with fewer features than the more premium rear-wheel or all-wheel drive variants when they ship later this year. The new and cheaper standard version doesn’t even have Autopilot, the company’s basic advanced driver assistance system.
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