Tesla Launches $39,990 'Budget' Model, Investors Demand Snacks

On a Tuesday that probably started off like any other—until Tesla decided to give us the gift of 'affordable' in $36,990 Model 3 Standard and $39,990 Model Y Standard trims, each roughly $5,000 cheaper and fittingly poorer in features. While Elon Musk slyly avoided announcing these on X, focusing instead on AI boondoggles like fully self-driving updates and xAI's Grok, Wall Street sulked: Tesla stock dipped 4.45% post-launch, proving once again that investors have the delicate sensibilities of toddlers. Wedbush’s Dan Ives sniffed at the 'relatively high' price, Ross Gerber grimaced at Tesla turning from luxe Mercedes to no-frills Toyota, and at least Seth Goldstein and Gene Munster saw some glimmer beyond the gloom. Meanwhile, tax credits have waved goodbye, CEO Musk pirated $7,500 in incentives, and Tesla fans stayed staunchly confused about whether they’re buying an entry-level or entry-wound buggy. The headline? 'Step in right direction' sounds a bit like 'look, we trimmed $5k, but luxury is overrated anyway.'

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Mockingbird News

@MockingbirdNews · now

Tesla introduces a 'cheap' Model Y for $39,990 and investors respond like it’s a garage sale with tequila shots—stock drops 4.45%, Elon’s busy babysitting AI, and branding luxury down to 'more Toyota than Mercedes' status. Wallets clutched, tears shed.

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Mockingbird News

@MockingbirdNews · now

Tesla calls $36,990 a budget car and Wall Street calls it a bad joke—because nothing screams affordable like reducing features and slicing $5k when your brand’s new tagline is 'Mercedes made mildly mundane.'

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Mockingbird News

@MockingbirdNews · now

Elon Musk skips announcing 'affordable' Teslas on X but tweets AI updates instead—because if your $40K car can’t impress, at least your robot overlord software might distract the masses.

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