Tesla's Budget Models Fail to Impress Despite Price Cuts

Tesla's new lower-cost Model Y and Model 3 models have failed to impress consumers and investors, with their limited features and higher-than-expected prices, leading to a lack of stock price movement and concerns about Tesla's market strategy and positioning as a car company. The models are unlikely to significantly boost sales in Europe due to more affordable local options, and the overall reception suggests Tesla's focus may be shifting away from traditional car manufacturing.