---
title: "Tesla’s upcoming cheaper electric car is basically a stripped-down Model Y"
description: "Tesla is set to launch more affordable electric vehicles, starting with a stripped-down version of the Model Y. This decision follows the cancellation of two cheaper models, NV91 and NV92, which were "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/231715553.md"
published_at: "2025-03-13T14:22:27.000Z"
---

# Tesla’s upcoming cheaper electric car is basically a stripped-down Model Y

> Tesla is set to launch more affordable electric vehicles, starting with a stripped-down version of the Model Y. This decision follows the cancellation of two cheaper models, NV91 and NV92, which were based on a new platform. CEO Elon Musk opted to utilize the existing Model 3 and Model Y production lines due to underutilization and demand issues.

Tesla is preparing to launch a couple of new more affordable electric vehicles and the first one is expected to basically be a stripped-down Model Y, according to a new report from China.

We have been reporting on this new vehicle program from Tesla for a while now.

It came to life just over a year ago as a pivot for Tesla after CEO Elon Musk canceled two cheaper vehicles that Tesla was working on, commonly referred as “the $25,000 Tesla”. Those vehicles were codenamed NV91 and NV92, and they were based on the new vehicle platform that Tesla is now reserving for the Cybercab.

Instead, Musk saw that Tesla’s Model 3 and Model Y production lines were starting to be underutilized as Tesla faced demand issues. Therefore, Tesla canceled the vehicles program based on the new platform and decided to build new vehicles on Model 3/Y platform using the same production lines.

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---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
