Tesla Develops Cheaper Model Y
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TeslaAutoblog
•Technology
Technology
Tesla Prepares Smaller, More Affordable Model Y to Compete With Chinese Rivals
71% Informative
Tesla is reportedly developing a smaller and more affordable version of the Model Y to combat growing competition in the electric vehicle ( EV ) market.
The new vehicle is expected to be at least 20% cheaper to produce than the current Model Y.
It will primarily target the Chinese market before expanding to Europe and North America .
Mass production is scheduled to begin in 2026 .
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