Tesla has finally done what many electric car shoppers have been asking for: It has unveiled new entry-level versions of the refreshed Model Y and Model 3. As many expected, there isn't an all-new car, but rather more stripped-back configurations of the existing models that lower the entry price -- making it easier for more buyers to step into Tesla ownership.
This is long overdue. As someone who's spent plenty of time behind the wheel of both cars, I see this as a move that could significantly increase Tesla ownership. While the EVs have been appealling, the price has remained a sticking point for many. The idea is simple: make the same design and driving experience accessible to more people by cutting out the extras most owners rarely use -- and in my view, that's a smart move.
It comes at a time when electric vehicle shoppers will be looking for cheaper options. According to June figures from Kelley Blue Book, the average new vehicle transaction price in the US sits at $48,644. That's 2% lower than the market peak in December 2023, but it's still around 13% more than prices in June 2021.
What you get from Tesla's more affordable electric vehicles
This is what the rear of the Tesla Model Y Standard looks like -- it keeps the same light bar from the regular variant
The Model Y Standard Rear-Wheel Drive starts at $39,990 and delivers an EPA-estimated 321 miles of range, a 0-60 mph time of 6.8 seconds, and a peak charging rate of 225 kW. It's powered by a 69 kWh battery and produces around 300 horsepower. This variant uses one fewer battery module than the higher trims, and is 5% more efficient than the Model Y RWD.
Inside, it features an open-concept center console similar to the Cybertruck, textile door and dashboard trim. There are 10-way driver and 4-way passenger seat controls now managed via the touchscreen with no physical buttons.
Tesla includes a 7-speaker audio system, auto high beams and dual-tone textile and vegan leather seats, but most of the cabin adjustments are manual. That includes the seats, steering wheel and mirrors. Only the front seats are heated, while the rear ones are not.
The rear passenger screen has been removed, but the car still includes a mobile charger. Up top, the glass roof is now closed off internally with a fabric headliner for better insulation, and the mirrors are manual-folding. Also, there's no HEPA filter, only a particulate and odor filter.
The Model Y Standard rides on 18-inch wheels as standard, with 19-inch wheels available as an additional option, and offers 75 cubic feet of cargo space. Towing capacity comes in at 3,500 pounds, and curb weight sits at 4061 pounds. It supports Tesla's well-established Supercharging network and can add up to 160 miles in about 15 minutes. This variant is currently available only in three colors: Stealth Grey, Pearl Multi-Coat White and Diamond Black.
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