This Tesla move could help the EV maker shake a sales slump
Tesla has launched cheaper versions of its Model Y SUV and Model 3 sedan in Europe to counter market-share losses. The new trims, starting at $36,990 in the U.S. and EUR37,970 in Germany, aim to boost sales against competition from Chinese automakers. Despite the move, Tesla faces a 39% sales decline in the EU and challenges in China and the U.S. Deliveries of the new Model 3 are expected in Q1 2026, as Tesla seeks regulatory approval for its Full Self-Driving system in Europe.