The cheaper versions of the refreshed Model Y and Model 3 aren't brand new models, but they introduce a more affordable starting price for electric car shoppers.

Elon Musk has said his automaker would sell an affordable Model Y, as “people don’t have enough money in the bank account to buy it” despite high demand.

To shave a few thousand off the cost of the Model Y and 3, Tesla made some nips and tucks—decontenting, in auto speak.

Tesla announced the launch of cheaper versions of two of its electric vehicles Tuesday in hopes of reviving flagging sales ...

Tesla's Standard Model 3 sedan will retail starting at $36,990 and the Standard Model Y SUV will start at $39,990.

As promised, Tesla launched its cheapest Model Y crossover SUV to date, with the Standard version costing less than $40k sans destination ...

Tesla has unveiled the long-promised cheaper model of its Model Y, dubbed the TK, after the expiration of the $7,500 tax credit for American buyers of most of its cars.