On October 8, Reuters broke the news that Tesla had officially rolled out its highly anticipated 'Standard Range' variants of the Model 3 and Model Y on Tuesday. These models come with starting prices of $36,990 and $39,990, respectively. When pitted against their peers in the same vehicle class, the Model 3 stands out for offering Tesla's cutting-edge core technology at a more accessible price point. It also shines with its exceptional handling capabilities and impressive range performance. However, it falls short in terms of comfort features and intelligent functions when compared to its domestic competitors. The Model Y, on the other hand, boasts remarkable space advantages and delivers robust performance. Nevertheless, its price competitiveness pales in comparison to that of domestic models within the same category. The big question now is whether these two new models can turn the tide on Tesla's recent sales slump. This will largely hinge on the market's all-encompassing evaluation of brand prestige, technological edge, and overall value for money.