Tesla Model Y crossover
Tesla launched a new, cheaper Model Y that could cost you $36,490.
  • Tesla launched a new, cheaper version of its popular Model Y SUV. 
  • The rear-wheel-drive Model Y costs $43,990. 
  • It's eligible for the full $7,500 federal tax credit, dropping its effective price to $36,490.

Frustrated by the lack of affordable, cool electric cars on the market? Tesla has heard your prayers.

Elon Musk's carmaker quietly launched a new base model of its popular Model Y SUV — and it's instantly one of the best deals on the US electric-vehicle market.