Pakistan, April 19 -- Tesla has postponed the launch of its affordable electric vehicle in the US. This delay represents a major setback for the company, which aims to increase sales and market share. Originally, Tesla planned to start production of the lower-cost Model Y SUV, codenamed E41, in the first half of 2025. However, sources now suggest production may not begin until late 2025 or early 2026.
The delayed model is expected to be simpler and more affordable than the current Model Y, which has an entry price of about $49,000, excluding federal incentives. Although Tesla has not provided an official reason for the delay, it raises concerns about the company's ability to meet its affordability promises. This is particularly pressing ...
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