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· the long-awaited “affordable model” is not a compact “tesla model q” or tesla model 2 as many assumed, rather a simplified model y. · tesla has officially confirmed that it is working on a more affordable version of its most popular vehicle, the model y. · a small, more affordable model y is coming to the u. s. In 2025, says an automobile intelligence firm. Ceo elon musk confirmed this yesterday in an … This move comes as the company deals with slowing demand, … · the existing long-range all-wheel drive model y remains at $48,990, with no change in pricing. · tesla says production of the less expensive model y began in june and that it would go on sale in the fourth quarter of this year. · tesla will launch a more affordable version of the model y by the end of the year in hopes of reversing its sharp sales decline. Tesla’s move comes at a challenging time for the company. · tesla ceo elon musk told investors last night that a planned low-cost electric car is a cheaper model y. In january, tesla boss elon musk to launch … · during its quarterly earnings call, tesla ceo elon musk gave up the goods on the so-called cheap tesla. · tesla ceo elon musk confirms a more affordable model y is on the way later this year, set to play the role of an entry-level volume model. · tesla will launch a cheaper variant of the model y in a bid to increase sales after posting one of its worst ever quarterly sales declines.