F olks, the cheap Tesla is here. Well, it really isn't, but Tesla wants you to think it is. You see, the Austin, Texas-based automaker just launched a stripper version of its best-selling Model Y electric crossover that it is calling the Model Y Standard , and there's a whole lot of not much to talk about.

Tesla has unveiled new entry-level versions of the Model 3 and Model Y, both dubbed Standard RWD variants, offering more affordable pricing with simplified features. However, they’re currently U.S.-only models—and Canadian availability remains uncertain.

The 2026 Tesla Model Y Performance brings sleeker looks, better ride comfort, improved interior tech, and thrilling performance.

Sarna also notes a fun hidden feature that can be seen when charging your vehicle. “If you press the charger button 10 times fast, the Tesla logo will go rainbow mode,” she revealed.

Is the Tesla Model Y really worth the extra money over Ford’s Mustang Mach-E? We break down the key differences to help you decide.

Tesla RDDT-N +3.13% unveiled more affordable versions of its best-selling Model Y SUV and its Model 3 sedan on Tuesday at US$39,990 and US$36,990, respectively, as the electric-vehicle maker seeks to reverse falling sales and waning market share amid rising competition.

Tesla has been rumored to update the Model 3 with a bumper camera and turn signal stalk, and the new features are now live in Europe and Asia