Tuesday, 7 October, 2025
Tesla to Launch Lower-Cost Model Y to Revive Slumping Sales
Tesla plans to unveil a more affordable version of its bestselling Model Y this week to reverse declining sales and reclaim market share. Leveraging existing design and manufacturing platforms, the new variant is expected to cost significantly less than current models. Key unknowns include its final price, driving range, and extent of cost cuts. The move marks a shift from the cancelled $25,000 EV plan.
Read full story at Economic Times