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.

The new Tesla Model Y Standard is $5,000 less expensive than the prior base version. The Standard version has lower estimated range, is slower to 60 mph and goes without some convenience features.

Tesla’s new Standard Model 3 and Model Y are priced under $40K, but some of its competitors can steal their newfound thunder. In an announcement late on October 7, Tesla unveiled two new models ...

The new Tesla Model Y Standard and Model 3 Standard are $5,000 and $5,500 more affordable than the rest of the lineup, respectively. Tesla cut a laundry list of features from the cars to make them ...

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.