BusinessEnergy Policy

Tesla’s Affordable EVs Exceed $35K Price Point Amid Policy Challenges

Tesla’s newly launched standard Model 3 and Model Y start at $36,990 and $39,990 respectively, remaining above Elon Musk’s $35,000 target. Industry experts point to US trade policies, tariffs, and supply chain challenges as key factors preventing more affordable electric vehicle pricing.

Tesla’s newly announced “standard” Model 3 and Model Y electric vehicles continue to exceed the $35,000 price point that CEO Elon Musk previously targeted, with the vehicles starting at $36,990 and $39,990 respectively. Despite being $5,000-$5,500 cheaper than flagship versions, these models failed to excite investors as Tesla shares dropped approximately 4.4% following the announcement. The pricing challenges highlight broader issues within the electric vehicle industry and US policy landscape that continue to impact affordability.

US EV Policy Creates Supply Chain Headwinds

BusinessEnergy Policy

Australia Considers US Critical Minerals Deal with $777 Million Rare-Earth Fund

Australia is exploring minimum prices for critical minerals and a A$1.2 billion strategic fund as part of potential US partnership. The proposal includes government-backed loans and direct investment in rare-earth projects to strengthen supply chains.

Australia is actively considering establishing minimum prices for critical minerals and investing in new rare-earth projects as part of a potential comprehensive resources agreement with the United States, according to a leaked government brief reported by The Age. The proposed partnership includes creating a A$1.2 billion ($777 million) strategic minerals reserve and implementing price floors to protect Australian producers from market volatility while securing essential supply chains for both nations.

Strategic Minerals Partnership Details