Tesla unveils lower-cost Model Y in drive to reignite sales
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Summary: Tesla TSLA.O unveiled more affordable versions of its best-selling Model Y SUV and its 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 TSLA.O unveiled more affordable versions of its best-selling Model Y SUV and its 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 shares fell 2.1% in afternoon trading.
Chief Executive Elon Musk has for years promised mass-market vehicles, though las
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