Kevin Pando @Kevin_Pando: "Tesla doubles down on affordability? The..."

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Tesla doubles down on affordability? The EV maker has unveiled its new Model Y Standard and Model 3 Standard, its most affordable cars yet, starting at $39,990 and $36,990. Both models promise 321 miles of range, high efficiency, and lower maintenance costs, but remove premium features such as rear screens, ambient lighting and Autopilot. Still, they keep Tesla’s core tech, including cruise control with active supervision, Grok AI integration, and in-app connectivity. Markets reacted cautiously, as investors weigh whether lower prices can truly unlock new demand amid growing competition and margin pressure. At nearly $40k — and with U.S. EV tax credits no longer applying — Tesla’s “budget” models remain far from mass-market affordability. Is this Tesla’s next growth catalyst or a strategic risk? $SPX500 $VOO (Vanguard S&P 500 ETF) $TSLA (Tesla Motors, Inc.) $NVDA (NVIDIA Corporation) $AAPL (Apple) $AXP (American Express CO) $AMZN (Amazon.com Inc) $01211.HK (BYD Co Ltd)