The new Tesla Model Y Standard is $5,000 less expensive than the prior base version. The Standard version has lower estimated range, is slower to 60 mph and goes without some convenience features.

Tesla has unveiled the long-promised cheaper versions of its two main cars, dubbed the Model 3 Standard and Model Y Standard, after the expiration of the $7,500 tax credit for American buyers of most ...

Elon Musk’s electric car company said the new versions would start at around $37,000 and $40,000, prices that bring its cars closer to comparable gasoline vehicles. By Jack Ewing Tesla on Tuesday ...