Report: Tesla’s new affordable car is just a stripped-down version of the existing Model Y
Last year Tesla scrapped its plans to make a low-cost, $25,000 regular electric vehicle. That affordable model instead became the Robotaxi, a yet-to-be-available autonomous vehicle without a steering wheel or pedals. Some form of self-driving Tesla is also supposed to be available for ride-hailing in June in Austin, where Google’s Waymo has already started its autonomous ride-hailing service with Uber.
Confusingly, Tesla has also repeatedly said it plans to offer “more affordable models” in the first half of 2025.
“These vehicles will utilize aspects of the next generation platform as well as aspects of our current platforms and will be produced on the same manufacturing lines as our current vehicle line-up,” the company wrote in its latest earnings release.
Now, it looks like the new, low-cost model will just be a stripped-down version of the Model Y, Electrek reports, citing a report by Chinese news agency 36Kr, which has “some credibility since its source references the change in codenames,” something the US EV outlet previously reported.
“People familiar with the matter told 36Kr that the new model is a ‘lower-priced Model Y.’ Compared with the current Model Y, the new car’s battery, power and chassis have basically not changed much.”
Investors might note that Tesla recently rolled out a more expensive version of the Model Y.
Confusingly, Tesla has also repeatedly said it plans to offer “more affordable models” in the first half of 2025.
“These vehicles will utilize aspects of the next generation platform as well as aspects of our current platforms and will be produced on the same manufacturing lines as our current vehicle line-up,” the company wrote in its latest earnings release.
Now, it looks like the new, low-cost model will just be a stripped-down version of the Model Y, Electrek reports, citing a report by Chinese news agency 36Kr, which has “some credibility since its source references the change in codenames,” something the US EV outlet previously reported.
“People familiar with the matter told 36Kr that the new model is a ‘lower-priced Model Y.’ Compared with the current Model Y, the new car’s battery, power and chassis have basically not changed much.”
Investors might note that Tesla recently rolled out a more expensive version of the Model Y.
