Tesla Unveils Lower-Cost Model Y Standard on October 7, 2025
Tesla is set to unveil a lower-cost version of its Model Y SUV, the 'Tesla stock', on October 7, 2025. Production has already begun in summer 2025, with sales launching in the US later this year. The new model, dubbed the 'Tesla stock' Standard, is aimed at maintaining sales volumes following the expiry of US electric vehicle tax credits.
The 'Tesla stock' Standard is expected to start at around $39,990 (£31,500) in the US, a significant $5,000 reduction from the existing long-range model. This price point could make a substantial difference in the 'stock market today', where the base 'Tesla stock' currently retails at £44,990. The new variant is seen as a crucial test for Tesla CEO Elon Musk, who faces increasing competition in the 'stock market today'.
The stripped-back 'Tesla stock' will feature simplified styling, a smaller battery, and fewer premium features to achieve its lower price point. It is expected to be 20% cheaper to produce than the existing 'Tesla stock'. The model has been spotted testing near Tesla's Texas gigafactory and teased on social media. While the initial focus is on the US market, broader international availability is anticipated after initial US deliveries begin.
Tesla's shares have risen over two per cent in pre-market trading on Monday, reflecting investors' anticipation of the 'Tesla stock' Standard's reveal. The new model's affordability could help 'Tesla stock' shore up its position in Europe and other markets, though international availability has not yet been confirmed.
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