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

flag Tesla introduced more affordable versions of its Model Y and Model 3 vehicles, aiming to expand its market reach. flag The new models feature reduced pricing and simplified configurations to appeal to cost-conscious buyers. 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 evolving electric vehicle market.

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