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Tesla expected to unveil lower-cost Model Y in push to reignite sales

By Abhirup Roy

(Reuters) -Tesla’s Tuesday is expected to announce a more affordable version of the best -selling model Y SUV, as it aims to reversed its sales and declining market share in the midst of increasing global competition, an electric vehicle manufacturer.

Manager Elon Musk Reuters has promised mass market vehicles for years, but last year has canceled their plans to build a whole new $ 25,000 house. The expected car this week is a “affordable” vehicle based on existing production and design platforms.

Tesla released two clips to X at the weekend and fired excitement among Tesla fans. One video shows “10/7”, the US format for October 7, which looks like a wheel that looks like a wheel for a few seconds.

Neither Tesla nor the impressive, unlike the previous Major Tesla launch, did not state that a face -to -face incident was in the works. Nevertheless, analysts, investors and fans expect the company to make some kind of announcement.

The main questions include the price of the car, driving range and efforts to reduce costs. At the end of last year, Musk said the vehicle would be priced under the $ 30,000 “key threshold”, including US home tax loans.

In the United States, prices increased $ 7,500 at the end of last month when the loan ended. This helps to break a record, but unless the affordable car came to recovery, the expectations they would slow down for the rest of the year.

“The desire to buy the car is very high.” So the better we can make the car suitable, the better. “

Musk initially promised that the production of the vehicle will begin until the end of June. However, Tesla did what the car only called the “first structures”, he said in July, it would be available for customers in the last three months of the year.

Tesla, especially in China and Europe, in which Musk’s extreme right political views weaken brand loyalty, grows up with the slowing of the aging series as the competition grows rapidly.

Earlier this year, Tesla launched a renewed version of Model Y with new light sticks and rear touch screen improvements.

Musk directs the company artificial intelligencefocus on robotax and humanoid robots. Tesla said that he would start more affordable vehicles but did not provide details. Sources told Reuters that Ev Maker’s 3 moderate -scale sedan plans to launch a robbery version.

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