Tesla (TSLA) Delays Launch of Affordable Car Model

Apr 18, 2025

Tesla (TSLA, Financial) is reportedly delaying the release of its affordable vehicle lineup, including a simplified version of its best-selling electric SUV, Model Y, which is manufactured in the United States. Originally planned for launch in the first half of the year, the release has now been postponed by several months, with updates scheduled from the third quarter to early next year. This delay affects Tesla's broader objectives for introducing cost-effective electric vehicles in the market.

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