A smaller and more affordable Model Y that's 20% cheaper to produce was initially planned to be released in the first half of this year

W hen CEO Elon Musk took over at Tesla all those years ago, the game plan was simple: build six-figure electric vehicles to help fund low-cost E

Tesla's lower-priced vehicle, often referred to as the Model 2, is still on schedule. “Plans for new vehicles, including more affordable models, remain on track for start of production in the first half of 2025,