Tesla Launches Cheaper Model Y & Model 3 in 2025

Tesla introduces cheaper Model Y & Model 3 to regain ground in the EV market.

Model Y: under $40,000. Model 3: under $37,000 (below $35K with NY rebate).

[{"selector":"#anim-3ef7a949-063f-4eb3-9668-ece7d654dbd3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2a3a5ce7-9295-467d-bae8-07cdd0999a64","keyframes":{"transform":["translate3d(0px, 166.14818%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Tesla shares fell 4.5% as analysts said the update may not boost sales as expected.

[{"selector":"#anim-ed2768e4-f69e-41a6-a4ad-e45151f099e3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-022dbdc6-8595-4887-83c0-a6cfe03f5f9d","keyframes":{"transform":["translate3d(0px, 153.48152%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

321-mile range, fewer speakers, fabric seats, no glass roof, no 2nd-row screen.

[{"selector":"#anim-c6483abc-d18e-4e8d-a9ba-3a67ea5eb369","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-61be29bc-258c-4bd3-9c7d-27296db5d6ab","keyframes":{"transform":["translate3d(0px, 184.14817%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-72341544-1d0f-4cd3-8688-8116a5cb39c8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Reduced driving range, ambient lighting and some premium features removed.

[{"selector":"#anim-2ac95396-68d1-4c08-8343-8c02c4383089","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4f535325-292f-4fc3-8d94-fb169e46c08a","keyframes":{"transform":["translate3d(0px, 522.13194%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Ford Mustang Mach-E, Chevy Equinox EV, Hyundai Ioniq 5 dominate the same price range.

[{"selector":"#anim-fa0a1360-6907-4597-8d08-596889ed26e8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99b5a886-16e9-4007-b1ac-2f2f94a290ff","keyframes":{"transform":["translate3d(0px, 428.14822%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Tesla faces slowing sales, stiff competition, and end of EV tax credit in 2025.

[{"selector":"#anim-04e56df5-d05f-4e2e-8ea3-ff2da9810ff6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c87c1b9-d1e8-4861-9904-bac7d4ac402b","keyframes":{"transform":["translate3d(0px, 201.80672%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

TRENDING: Gold vs Bitcoin 2025: Why Gold Is Winning This Year

[{"selector":"#anim-88b5167c-3d5b-4fb8-9acf-cfbc37c95fec","keyframes":[{"offset":0,"transform":"translate3d(0, -604.49161%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -169.983040732%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -57.789397916000006%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -21.701248799000002%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -9.430069116%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":600,"fill":"both"}] Gold vs Bitcoin 2025: Why Gold Is Winning This Year