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

flag Tesla introduced more affordable versions of its Model Y and Model 3 vehicles, aiming to expand market reach and boost sales. flag The new models feature reduced pricing and simplified configurations, targeting price-sensitive consumers. flag Despite the strategic move, Tesla's stock declined by 4.5% following the announcement, reflecting investor concerns over margins and competitive pressures in the electric vehicle market.

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