Tesla has been observed testing a smaller, compact version of the Model Y at its Fremont Factory, which may be an indicator of an upcoming affordable model. The vehicle, seen racing on the test track, has covered bumpers and appears shorter than the traditional Model Y. According to Tesla VP Lars Moravy, the new affordable models will maintain a similar design to the existing Model Y, suggesting a strategy to maximize factory usage without major redesigns or new assembly lines.
Tesla is racing a compact, short, and stocky Model Y around its Fremont Factory's test track, suggesting a look at the upcoming affordable model.
During the last Earnings Call, Tesla VP Lars Moravy emphasized the goal of full utilization of their factories, implying affordable models will be similar to the Model Y.
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