Tesla Launches More Affordable Model Y and 3 to Boost Market Share

Tesla introduced new 'affordable' versions of its Model Y and Model 3 with starting prices around $37,000-$40,000, but these prices are still considered high by some, especially after the expiration of tax credits. The new models offer less features and range than higher trims, and their launch is seen as a move to boost sales amid rising competition and market challenges. Despite the hype, analysts remain skeptical about their impact on demand and Tesla's growth prospects.