The affordable future tesla will be an entry -level y model, confirms Elon Musk

Tesla will launch on the market by the end of the year. Nevertheless, a more affordable version of the Y model in the hope of overthrowing the net decline of its sales. In addition. Therefore, CEO Elon Musk confirmed it yesterday during an announcement detailing the company’s financial results for the second quarter of 2025.

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In January, Musk had promised a range of “more affordable models” by summer to attract more consumers. Consequently, The Reuters agency had later learned that there would be no affordable future tesla will entry new entirely new products. Similarly, but rather a model y at affordable future tesla will entry least 20% less expensive to manufacture.

Production is supposed to start in August or September.

The boss of Tesla did not specify this week if other models at reduced prices were planned. especially on the side of the Model 3 sedan. He also did not provide additional information. such as the markets on which the new model would be marketed, the volumes targeted or the early price.

The Model Y 2025 modernized. the price of which had inflated to $ 84. 990 due to Canadian customs counter-tale on vehicles made in the United States, recently had a colossal drop of $ 20,000, suggesting that the copies ordered in Canada are now imported from Germany.

An affordable future tesla will entry even cheaper model should help Tesla in a. context where subsidies for the purchase of electric vehicles decrease (as in Quebec). are eliminated (as will be the case in the United States after September 30).

A difficult passage to come

Tesla world sales fell by 13.5% in the second quarter of 2025 compared to the same period in 2024. It was a second consecutive quarterly decrease, the kind of decline normally associated with a recession.

The situation is not about to straighten up. Elon Musk warned Wednesday that Tesla could know a few difficult quarters by the end of 2026. “We are in a bizarre transition phase where we will lose a lot of advantages in the United States (…) and where we are in the beginnings of autonomy,” affordable future tesla will entry new he said.

The manufacturer puts in the longer term on an acceleration of income generated by software. artificial intelligence and a affordable future tesla will entry growing fleet of driver -free autonomous vehicles. Recall that Tesla inaugurated in June its “Robotaxis” service in Austin. Texas, and plans to extend it to several American cities by the end of the year. These are modified models, pending the production in 2026 of its “cybercab” in 2026.