TESLA REVEALS CHEAPER VERSIONS OF ITS CARS

Summary from the TLDR newsletter

Tesla has revealed cheaper versions of its Model Y and Model 3. The new Model Y will cost $40,000, and the Model 3 will sell for $37,000. They have the same basic body shapes as the existing models, but have cloth interiors, fewer speakers, and less soundproofing. The cheaper Model Y has dual headlights rather than a continuous illuminated bar. Both vehicles can travel 320 miles between charges, slightly less than the costlier versions.