Latest news with #ModelY.
Yahoo
a day ago
- Automotive
- Yahoo
Tesla's Affordable EV Is So Much Less Than "Just A Model Y"
Tesla's Affordable EV Is So Much Less Than "Just A Model Y" originally appeared on Autoblog. Chinese Leak Reveals Significant Changes Back in February, Tesla began promising new Model Y variants, and since then, the Model Y L has been revealed as a bigger six-seater for China. There have also been rumors of a more luxurious long-wheelbase variant with captain's chairs after a white-hat hacker found evidence of such a thing in Model Y firmware. As for the long-awaited cheaper Model Y, that was delayed in April, and thanks to a video from China, it seems that the automaker has been working quietly in the background. Don't worry if you don't speak Mandarin - Not A Tesla App reports what to expect. Several Changes Inside And Out At the front of the car, the front fascia and headlight assembly have been revised, with the lightbar apparently disappearing and the headlight on either side thereof moving upward, much like the pre-Juniper Model Y. The remarkably strong glass roof that has appeared on every Tesla to date is gone, and at the back, the reflectors in the tailgate are just that - no fancy five-foot lightbar like the current Model Y. Still, a front-facing camera indicates it'll have access to the same semi-autonomous driving features as other Teslas, so it won't be completely decontented. Inside, the multimedia experience will be slightly diminished; there is no rear infotainment display, and the A-pillars have lost their speakers. Also missing are coat hooks and a rear parcel shelf, while the center console has been updated to move phone chargers below the central touchscreen, where there is now a gap between the dash and center console. Finally, the seat bolsters glimpsed beneath the seat covers appear to have been finished in a textile rather than synthetic leather, as is the case with Mexico's Model 3 (the same material is likely for the headliner). Although unconfirmed at this stage, we can expect features like heated and ventilated seats and a heated steering wheel to disappear, too. "Just A Model Y," But It Could Help Turn Tesla's Fortunes Around View the 3 images of this gallery on the original article Tesla recently released its Q2 earnings report for 2025, and the news was not good, with a sharp decline in profits and no promise of improvements from CEO Elon Musk, who said to expect a "few rough quarters." Still, although Musk says it's nothing special - "It's just a Model Y" - Tesla said volume production of "a more affordable model" would occur in the second half of the year, and that should help boost sales at least somewhat. This sighting confirms the car will be as cheap as possible, but whether it will cost much less than $40,000 remains to be seen. Without the $7,500 Federal Tax credit that expires at the end of September, the current cheapest Model Y (Long Range Rear-Wheel Drive) starts at $44,990, so Tesla may resort to further incentives in an effort to stave off ever-increasing rival competition amid weak growth in EV Affordable EV Is So Much Less Than "Just A Model Y" first appeared on Autoblog on Jul 29, 2025 This story was originally reported by Autoblog on Jul 29, 2025, where it first appeared.
India Today
5 days ago
- Automotive
- India Today
Tesla comes to town
After years of speculation, US electric carmaker Tesla Inc., led by billionaire entrepreneur Elon Musk, has finally driven into India with its best-selling Model Y. The electric vehicle (EV) will be available in two variants—the Rear-Wheel Drive (RWD), priced at Rs 59.89 lakh, and the Long Range RWD, with a price tag of Rs 67.89 lakh. Tesla's first showroom has opened in Mumbai's Bandra Kurla Complex, and it is likely to announce more of these in a few other cities, with Delhi being a distinct possibility.
India.com
5 days ago
- Automotive
- India.com
Elon Musk's big bet! Tesla to bring ‘cheap' electric cars to increase…, know when will they be launched
Tesla's sales have been declining, and to counter this, the company is preparing to launch more affordable electric cars. After falling demand for Model 3 and Model Y, Tesla is facing challenges in markets like China and Europe. Production of the new, cheaper model is expected to begin in 2025. Tesla's sales are dropping, and to tackle this issue and boost overall sales, the company will enter the market with cheaper EVs. In its Q2 2025 financial results, Tesla informed investors that it had 'begun manufacturing a more affordable model in June.' Due to the low demand for Model 3 and Model Y, Elon Musk's company is struggling in key markets like China and Europe. Elon Musk's Plan For Tesla Cars Tesla stated that it has begun work on a more affordable model that will be positioned below the Model 3 and Model Y. The company revealed that large-scale production of this new EV is scheduled for the second half of 2025, wherein initial production will begin in the first half of 2025 (1H2025). Initially, Tesla had planned to build the affordable EV on a new platform. However, the new model will now use the existing architecture of the Model 3 and Model Y. It is expected to be a stripped-down version with fewer features. In terms of size, the new EV will be smaller than the Model Y. Testing of this affordable model has also begun. Elon Musk Hopes For Comeback This isn't the first time Tesla has announced plans to enter the affordable EV segment. According to Electrek , the company had earlier worked on a similar plan, which was later scrapped by Musk. That project was popularly referred to as the '$25,000 Tesla' with the codenames NV91 and NV92. Tesla was initially developing it on a new platform, but Musk eventually rejected it. However, Musk is now hopeful that Tesla will make a strong comeback in the European market, especially as he anticipates approval for the company's autonomous self-driving technology.
Time of India
6 days ago
- Automotive
- Time of India
Tesla Model Y bookings open in India for Rs 22,220; here's all you need to know
Tesla has finally arrived in India and has officially opened online reservations for its highly anticipated Model Y SUV in the country. Tesla fans and car enthusiasts who have been waiting for a long time can now book the Model Y. The electric luxury SUV is now available for booking across India at just Rs 22220. Let's explore its price, available variants, key features, and the steps to reserve one. Tesla's entry into India gets a boost After years of speculations and anticipations, Tesla is finally taking concrete steps to enter the Indian market. The Model Y is a sleek, all-electric compact SUV known for its impressive range, cutting-edge technology, and stellar performance. The base price of the car is Rs 59.89 lakh (ex-showroom), which is a premium choice among EV customers. Along with this, there are two variants of it in India right now: Rear Wheel Drive (RWD) Long Range RWD Why is Model Y a game-changer for India? Range and performance: The Model Y offers an impressive WLTP driving range of 500 km on a full charge, perfect for India's urban and semi-urban commuting needs. It also accelerates from 0 to 100 km per hour in as little as 5.9 seconds (in Performance variants). The Long Range RWD goes an extra mile with a range of 622 km and accelerates from 0 to 100 km/h in 5.6 seconds. As well as its top speed is 201 km/h, further making it premium-oriented. Cutting-edge technology: Tesla's renowned Autopilot system, minimalist interior design, and large touchscreen infotainment system redefine the driving experience. Sustainability: With rising environmental concerns and the government's push for electric mobility, the Model Y aligns best with India's green vision. According to Times Bull, customers can avail of this self-driving technology for an extra cost of Rs 6 lakh. New Model Y is gorgeous Tesla's priority delivery locations Currently, Tesla has announced that the deliveries will start in Phase 1 with priority cities including Mumbai, Pune, Delhi, and Gurugram. The other cities will receive deliveries in the second phase. Ways to book the Model Y in India As the online bookings are now live on Tesla's official website. Byers must complete payment in two steps: First, they need to reserve the car with a non-refundable Rs 22,220. Second, a non-refundable Rs 300,000 within seven days. Both prices include TCS (Tax Collected at Source). Note: Please note that the booking amount is non-refundable in case of cancellation. FAQs Q. Will Tesla begin right-hand drive manufacturing in India? Currently, the Model Y of Tesla cars is imported from Germany and Shanghai; there are no local manufacturing plans confirmed yet. Q. What's the deal with full self-driving (FSD) in India? FSD is offered as an optional Rs 6 lakh upgrade, but several advanced features, such as auto lane change, still await regulatory approval.
Business Insider
6 days ago
- Automotive
- Business Insider
Elon Musk says Tesla has started making the product investors have been begging for
Investors clamouring for a budget Tesla just got more intel about it. The EV giant's CEO, Elon Musk, said on Wednesday that Tesla's long-awaited affordable model will resemble the Model Y. Musk was speaking to investors in Tesla's latest earnings call when an analyst asked for more details about the budget-friendly EV Musk has long been touting. "It's just a Model Y. Let the cat out of the bag there. Dancing cat that can talk and sing and dance," Musk said. "That's the cool part." Musk did not give further details on the model or its release date. The company said in January that it would start producing "new vehicles, including more affordable models" in the first half of this year. Representatives for Tesla did not respond to a request for comment from Business Insider. Musk said during the earnings call that the "biggest obstacle" to getting more people to own EVs is that they "don't have enough money in their bank account to buy it." "Literally, that is the issue. Not a lack of desire, but a lack of ability. So, the more affordable we can make the car, the better," Musk added. Musk told the analyst that the car's self-driving features would make it even more affordable for customers. "It will be a very big deal when people can release their car to the fleet and have it earn money for them," Musk continued. Musk said he felt confident that Tesla's customers would be able to rent out their vehicles "next year, in the US at least." Back in January, Musk said at Tesla's fourth quarter earnings call that he expects his vehicles to operate with unsupervised full-self-driving in several US cities by the end of this year, and "probably everywhere" in North America next year. "That will make affordability dramatically greater. If you have an Airbnb and you can rent out your home when you are not there, or rent out a guest room, or guest house, or something like that. The affordability of your house is much greater," he said on Wednesday. Tesla first launched the Model Y in 2020. In January, an updated version was released in China, the US, Canada, the UK, and mainland Europe. The Model Y was the world's best-selling car in 2023, though it has since ceded ground to its Chinese rivals. Tesla analysts said earlier this year that releasing a cheaper EV could help the company shore up its position against the low-cost EVs that its Chinese rivals are selling. Musk's company has struggled with sales in China. During the second quarter of 2025, the company sold 129,000 vehicles in China, down nearly 12% from the same period in 2024, according to data from the China Passenger Car Association. In June, Chinese tech giant Xiaomi said it received over 200,000 orders in 3 minutes for its new YU7 electric SUV. Priced at about $35,000, Xiaomi's YU7 is slightly cheaper than Tesla's Model Y, which starts at $36,760.
