Tesla on Tuesday unveiled plans to sell cheaper alternatives of its Model Y and Model 3 cars, its first product release in years, as Elon Musk’s automaker created more affordable options for its ...

Affordability has also been a strong drawing card for the Model 3 range, but ever since the brand dropped the Standard Range derivative, and the Inflation Reduction Act tax cut is no longer in play in ...

Tesla has introduced new “Standard” base versions of its two best-selling models — the Model 3 sedan and Model Y SUV — that undercut each model's previous entry-level trims by thousands of dollars.

Tesla has brought out another cut-price version of one of its best-selling models to tempt buyers back to the brand. The Model 3 Standard will cost £37,990 and is on sale now.