Tesla was once an EV innovator, but its cheaper Model 3 and Model Y show it’s now being lapped by Chinese rivals



  • Tesla has unveiled ‘Standard’ versions of the Model 3 and Model Y
  • Many features have been stripped away to cut costs
  • The company hopes value propositions will help boost sales

Tesla released a number of social media teaser videos earlier this week suggesting that the world would soon be treated to affordable new models – and now, they have arrived.

However, rather than present the much-hyped $25,000 ‘Model 2’ or an entirely new budget proposition, Tesla has done what a large swathe of the internet predicted and stripped features away from best-selling vehicles in its current line-up in order to drive the price down.





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The post Tesla was once an EV innovator, but its cheaper Model 3 and Model Y show it’s now being lapped by Chinese rivals first appeared on TechToday.

This post originally appeared on TechToday.

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