Elon Musk's Tesla Delays Launch Of Affordable Model Y By Several Months: Report
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Tesla has delayed the U.S. launch of its affordable Model Y SUV, initially set for the first half of the year, now expected to start production from Q3 to early next year. The company aims to manufacture 250,000 units by 2026, with plans for production in China and Europe. This delay coincides with Tesla's strategy to introduce a Performance variant of the refreshed Model Y and refresh its premium Model S and Model X later this year. Significant discounts on older Model Y versions were also offered to clear inventory.
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