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flag Tesla launched cheaper Model Y and Model 3 versions to boost affordability, but stock dropped 4.5% amid margin worries.

flag Tesla introduced lower-priced versions of its Model Y and Model 3 vehicles, aiming to expand affordability and market reach. flag The new models feature simplified interiors and reduced standard equipment to lower costs. flag Despite the strategic move, Tesla's stock declined 4.5% following the announcement, reflecting investor concerns about margins and competitive pressures in the evolving electric vehicle market.

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