Tesla unveiled more affordable versions of its best-selling Model Y SUV and Model 3 sedan on Tuesday at $39,990 and $36,990, respectively, as the electric-vehicle maker seeks to reverse falling sales and waning market share amid rising competition.
How Tesla’s cheaper models compare to other electric vehicles
| VEHICLE | STARTING PRICE | RANGE | CHARGING SPEED | ACCELERATION | DRIVER ASSIST TECH |
| Volkswagen ID.4, 2025, Pro | $45,095 | 291 miles | 10-80% in around 28 to to 30 mins |
Dual motor all- wheel drive accelerates to 0-60 mph in 4.9 seconds |
Lane change assist, parking assist, memory parking |
| Tesla Model Y Standard Rear-Wheel Drive |
$39,990 | 321 miles | Up to 160 miles added in 15 minutes | 0-60 mph in 6.8 seconds | Traffic-aware cruise control |
| Tesla Model 3 Standard Rear-Wheel Drive |
$36,990 | 321 miles | Up to 170 miles added in 15 minutes | 0-60 mph in 5.8 seconds | Traffic-aware cruise control |
| Kia EV4 | $35,000 (Expected) | Up to 391 miles (WLTP) | 10-80% in around 30 mins | 0-60 mph in 7.4 to 7.7 seconds | Highway driving assist, detection, advanced features available in higher trims |
| Hyundai Ioniq 5 | $42,600 | 318 miles | 10-80% in 20 mins | 0-60 mph in around 7.4 seconds |
Collision avoidance detection, lane follow assist, level 2 autonomous driving for higher trims |
| Chevrolet Equinox EV 2025 | $33,600 | Around 319 miles on FWD |
From 10-80% in around 30 to 45 mins depending on charger type | Single motor FWD 0-60 mph in around 7.4 seconds |
Safety Assist including lane assist, collision alert |
