SMRTR TechJul 24, 2025The Verge

How can Tesla make a cheaper Model Y?

SMRTR summary

Tesla is developing a more affordable version of its Model Y electric vehicle, set for volume production in late 2025. CEO Elon Musk confirmed the new EV will be a stripped-down Model Y, aimed at customers who want a Tesla but can't afford current prices. The company plans to reduce costs by simplifying features and potentially using in-house battery production.

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