"Tesla teases the more affordable Model Y before its likely unveiling tomorrow. The new, cheaper model will be shown alongside something that isn't obvious from the teaser. Tesla reportedly hopes to sell 250,000 affordable Model Ys next year. Tesla will likely officially reveal its cheaper, stripped-down version of the Model Y tomorrow. The manufacturer published a dark video showing the new model's light signature, which matches the images of the prototype that we've already seen."
"Tesla has made many changes to make the new model around 20% cheaper than the current Model Y. These include simplified lights front and rear, no glass roof, fewer toys inside, as well as cloth seats and no ambient lighting."
"According to Reuters, Tesla hopes to sell around 250,000 of these cheaper Model Ys annually starting by 2026, which seems optimistic given that it will still cost around $40,000, which isn't exactly cheap. Americans can get the impressive new Nissan Leaf for $30,000 and there are other more affordable models in between, like the Chevrolet Equinox EV, which starts at around $35,000."
Tesla will officially reveal a cheaper, stripped-down Model Y, with a teaser video showing the model's light signature and a reveal date. The new Model Y is about 20% cheaper through simplified front and rear lights, removal of the glass roof, fewer interior features, cloth seats, and no ambient lighting. It may be offered with one or two electric motors for rear- or all-wheel drive, though a single-motor option would simplify the lineup. Tesla also teased a second, unidentified product at the same event. Tesla aims to sell about 250,000 of the affordable Model Ys annually by 2026 despite a projected starting price near $40,000.
Read at insideevs.com
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