Tesla delays launch of affordable U.S-made Model Y version

Investing.com -- Tesla (NASDAQ:TSLA)’s eagerly anticipated plans for a more affordable vehicle have been put on hold as the launch of a pared-down version of its top-selling electric SUV, the Model Y, has been delayed, Reuters reported, citing sources familiar with the situation.
According to the report, global production of the more affordable Model Y, internally referred to as E41, is anticipated to start in the United States.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.Is TSLA truely undervalued?With TSLA making headlines, investors are asking: Is it truly valued fairly? InvestingPro's advanced AI algorithms have analyzed TSLA alongside thousands of other stocks to uncover hidden gems with massive upside. And guess what? TSLA wasn't at the top of the list.
Unlock ProPicks AI