<div id="readability-page-1"><div><div><p><strong>Tesla, Inc.</strong> (NASDAQ:TSLA) on Tuesday unveiled that the price of its new Model Y would be set below $40,000, sparking interest among investors and consumers.</p><h2>Model Y</h2><p>The company’s announcement coincides with the release of a new version of its supervised self-driving technology, further fueling anticipation in the electric vehicle market, according to CNBC.</p><p>Excitement reached a fever pitch over the weekend when Tesla teased a mysterious spinning part emblazoned with its logo, leaving followers guessing whether it was a fan, wheel cover, or something entirely unexpected. </p><p>The cryptic video concluded with &#34;10/7,&#34; pointing to a reveal date. Another teaser followed, showing the silhouette of headlights glowing in the dark, boosting online speculation.</p><p>Investor attention quickly translated into financial momentum. Tesla's stock surged by 5% on Monday, reflecting hopes for a budget version of the Model Y and curiosity about updates on the next-generation Roadster—a model CEO <strong>Elon Musk</strong> has discussed for years, but has yet to deliver.</p><p>The new Model Y, priced at $39,990, marks the first new addition to Tesla’s lineup since the introduction of the Cybertruck, the brand's distinctive steel pickup truck, which launched in late 2023.</p><p>Despite much marketing fanfare, the Cybertruck stumbled at its unveiling event in 2019 due to a broken window demonstration and failed to capture the mass appeal of the Model 3 or Model Y. It has also faced several voluntary recalls in the U.S.</p><h2>Optimus</h2><p>Tesla's ambitions also extend to humanoid robots, with Musk touting future factory helpers and household assistants. </p><p>Still, the Optimus robot has yet to go on sale, while competitors have already launched their bipedal robots.</p><p>The company's stock, after slumping 36% in the year's first quarter, rebounded sharply and climbed 40% in the third quarter, partly thanks to Musk purchasing $1 billion in Tesla shares. </p><p>Tesla stock is now up 9% in 2025. </p><ul> <li><strong>Datavault AI Stock’s Face-Melting 720% Rally—What To Know</strong></li> </ul><p><em>Photo: Shutterstock</em></p></div></div></div>

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<p>Tesla, Inc. (NASDAQ:TSLA) announced the launch of its new Model Y at a price of $39,990, generating excitement among investors and consumers. This announcement coincides with the release of an updated self-driving technology. Following a cryptic teaser video, Tesla's stock surged by 5% on Monday, reflecting investor optimism. The Model Y is the first addition to Tesla's lineup since the Cybertruck's launch in late 2023. Despite previous challenges, Tesla's stock has rebounded significantly, climbing 40% in the third quarter after a 36% slump earlier this year.</p>

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Tesla Model Y Debuts At $39,990 On Heels Of Cryptic Video