Tesla’s Cheap EVs: Missing Features, Prices, And Optimism

Tesla’s Cheap EVs: Missing Features, Prices, And Optimism
Photo by I'M ZION on Unsplash

In a masterstroke of budget-chic, Tesla rolled out the Model Y and 3 Standard on a fine Tuesday—because who doesn’t love new car launches that aren't a Monday disaster? Priced at a 'reasonable' $39,990 and $36,990, these editions are the bargain basement versions missing Tesla's beloved Autosteer and rear screens—because who needs 'autonomy' when you can manually panic? The timing is sparkling: Elon Musk’s price cuts arrive just after the $7,500 federal tax credit expired in September, like a late coupon at the grocery checkout. Meanwhile, rivals flaunt cheaper rides like Nissan’s Leaf ($29,990) and GM’s Equinox ($35,100, no Tesla logo but crushes non-Tesla EV sales). Fiat’s 500e, a tiny $32,500 city stove-on-wheels, offers 162 miles range, perfect for transpiring daily errands or existential dread. Hyundai Kona trumbers along at $32,975 with up to 261 miles, and Toyota finally dipped a toe in electrics with the bZ SUV at $34,900, probably pending jury deliberation on EV viability. Tesla’s new 'affordable' models, less packed with fancy features than a college dorm fridge, still tone down prices only enough to tease budget buyers—reminding us all we're terrible drivers on life’s winding road.

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Source: Businessinsider | Published: 10/9/2025 | Author: Tom Carter