Tesla logo is seen in this illustration taken July 23, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -Tesla unveiled more affordable versions of its best-selling Model Y SUV and Model 3 sedan on Tuesday at $39,990 and $36,990, respectively, as the electric-vehicle maker seeks to reverse falling sales and waning market share amid rising competition.

(Reporting by Zaheer Kachwala in Bengaluru and Juby Babu in Mexico City; Editing by Pooja Desai)