{"id":1205,"date":"2025-10-07T21:49:46","date_gmt":"2025-10-07T21:49:46","guid":{"rendered":"http:\/\/www.agencywebdesigners.com\/?p=1205"},"modified":"2025-10-09T14:23:01","modified_gmt":"2025-10-09T14:23:01","slug":"tesla-offers-cheaper-versions-of-2-electric-vehicles-in-bid-to-win-back-market-share-in-tough-year","status":"publish","type":"post","link":"http:\/\/www.agencywebdesigners.com\/index.php\/2025\/10\/07\/tesla-offers-cheaper-versions-of-2-electric-vehicles-in-bid-to-win-back-market-share-in-tough-year\/","title":{"rendered":"Tesla offers cheaper versions of 2 electric vehicles in bid to win back market share in tough year"},"content":{"rendered":"<p><strong>By BERNARD CONDON<\/strong><\/p>\n<p>NEW YORK (AP) \u2014 Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales but investors dumped its stock anyway.<\/p>\n<aside class=\"related left\">\n<h2 class=\"widget-title\" data-curated-ids=\"\" data-relation-type=\"automatic-primary-section\">Related Articles<\/h2>\n<ul>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/10\/09\/denver-pavilions-dda-16th-street-mall-tax-loss\/\" title=\"Downtown Development Authority doesn\u2019t have to pay property taxes, but will if it buys Denver Pavilions\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tDowntown Development Authority doesn\u2019t have to pay property taxes, but will if it buys Denver Pavilions\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/10\/08\/denver-congress-park-poop-protest-lawsuit\/\" title=\"Denver neighbors sue owner of neglected \u2018poop protest\u2019 house in Congress Park\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tDenver neighbors sue owner of neglected \u2018poop protest\u2019 house in Congress Park\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/10\/08\/englewood-citycenter-redevelopment-hampden-avenue-cinderella-city\/\" title=\"Englewood City Council approves plan to redevelop center at former Cinderella City site\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tEnglewood City Council approves plan to redevelop center at former Cinderella City site\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/10\/08\/flight-delays-government-shutdown\/\" title=\"Staffing shortages cause more US flight delays as government shutdown reaches 8th day\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tStaffing shortages cause more US flight delays as government shutdown reaches 8th day\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<li>\n\t\t\t<a class=\"article-title\" href=\"https:\/\/www.denverpost.com\/2025\/10\/07\/dia-off-airport-parking-interpark\/\" title=\"Chicago firm planning off-airport parking pays $19M for land near DIA\"><\/p>\n<p>\t\t\t\t<span class=\"dfm-title metered\"><br \/>\n\t\t\tChicago firm planning off-airport parking pays $19M for land near DIA\t\t<\/span><\/p>\n<p>\t\t\t<\/a><\/p>\n<\/li>\n<\/ul>\n<\/aside>\n<p>The new Model Y, costing just under $40,000 with a stripped-down interior, comes in a brutal year for Tesla as it tries to attract more customers despite an aging lineup, stiff competition from foreign EV makers and anti-Elon Musk boycotts targeting the company.<\/p>\n<p>The reaction from the stock market after the news broke suggests the new models are not expected to help much.<\/p>\n<p>\u201cInvestors were looking for something truly different, not an iteration of a old product,\u201d said Edmunds analyst Ivan Drury, speaking as Tesla stock dropped sharply in the last minutes of trading. \u201cI can\u2019t imagine this will bring levels back to what they want.\u201d<\/p>\n<p>Tesla also announced a cheaper version of its Model 3 for under $37,000. For New York residents taking advantage of a state rebate, the price was below $35,000.<\/p>\n<p>Tesla has talked about a cheaper car to appeal to more cost-conscious consumers for years, though the two new \u201cstandard\u201d models are priced well above the $25,000 price tag promised. They come as customers are widely expected to hold off from purchases over the next several months due to the recent expiration of a $7,500 federal tax credit for electric vehicles.<\/p>\n<p>Tesla stock fell 4.5% to $443.09 on Tuesday after closing the day before up more than 5% on anticipation of the new model announcement.<\/p>\n<p>Compared to previous models, the new Model Y comes with a shorter 321-mile driving range, fewer audio speakers and a fabric interior, not microsuede. The model also lacks a panoramic glass roof and a touchscreen in the second row.<\/p>\n<p>This model faces stiff competition in the $40,000 range for EVs from vehicles including Ford\u2019s Mustang Mach-E, Chevrolet\u2019s Equinox EV and Hyundai\u2019s Ioniq 5.<\/p>\n<p>The new Model 3 has also cut down on the driving range, ambient lighting and other features.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By BERNARD CONDON NEW YORK (AP) \u2014 Tesla rolled out new, cheaper versions of two of its electric car models on Tuesday in hopes the offerings will help revive flagging sales but investors dumped its stock anyway. Related Articles Downtown Development Authority doesn\u2019t have to pay property taxes, but will if it buys Denver Pavilions&hellip;<\/p>\n","protected":false},"author":1,"featured_media":275,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[18],"tags":[],"_links":{"self":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/1205"}],"collection":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/comments?post=1205"}],"version-history":[{"count":1,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/1205\/revisions"}],"predecessor-version":[{"id":1206,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/posts\/1205\/revisions\/1206"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/media\/275"}],"wp:attachment":[{"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/media?parent=1205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/categories?post=1205"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.agencywebdesigners.com\/index.php\/wp-json\/wp\/v2\/tags?post=1205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}