Musk, the man behind most of Tesla's stillborn plans, went on X, his social media platform, and immediately claimed the Reuters report wasn't true: Of course, Musk hasn't specified why the Reuters report isn't true.

Tesla just released a new entry-level trim for its Model 3 and Model Y vehicles to lower the price point. It’s called the Standard trim and shaves roughly $5,000 over the Premium trim cost. Much of the savings comes from removing luxury features like the power-adjustable steering wheel,

Folks, 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.

Charging speeds are identical at up to 225 kW, and Tesla claims up to 170 miles of range can be added in 15 minutes. It weighs 3,759 pounds and has 24 cubic feet of cargo space. This trim offers the same three paint choices as the more expensive options.

Tesla has lowered the lease prices for most of the electric cars it sells in the United States, but the discounts won’t last long. The deals, which are valid until the end of October, were posted without notice on the American automaker’s website, as noted by Electrek.

Dan Ives, an analyst at Wedbush, said he was disappointed that the EVs were only about $5,000 cheaper than the next trims of the models.

Tesla’s usual lack of clarity is being weaponized to sell cars.

"I like the low maintenance." Driver discloses real-world cost breakdown after ditching her gas car for a Tesla: 'Super controversial but I like [it]' first appeared on The Cool Down.