Final month, Tesla unveiled a refreshed model of the Mannequin Y, the world’s top-selling electrical automobile, that includes enhanced styling and luxury enhancements. Now, it appears one other iteration is being developed, as evidenced by not too long ago captured photos of a closely camouflaged Mannequin Y noticed at Tesla’s manufacturing facility in Austin, Texas.
Drone footage from Joe Tegtmeyer, a Texas-based drone fanatic and Tesla fan, reveals a black, closely camouflaged Tesla amongst different automobiles, with each the entrance and rear hid. The inside dashboard can also be obscured, suggesting a number of updates to each the inside and outside of the automotive.
Some observers famous that the mannequin seems smaller than the usual Mannequin Y, resulting in hypothesis that this may very well be a extra reasonably priced automobile from the well-known EV producer. The event of this new mannequin has been reported for round a 12 months and has been talked about within the firm’s earnings calls.
Within the Q3 earnings report final 12 months, Tesla confirmed that preparations for brand spanking new automobiles, together with extra reasonably priced choices, had been underway, with plans to begin launching them within the first half of 2025. This was reiterated throughout a current This fall earnings name, the place the Tesla management confirmed that the brand new product is in energetic growth and anticipated to launch by June this 12 months. CFO Vaibhav Taneja indicated that they continue to be on observe to launch this extra reasonably priced mannequin and hinted at further merchandise that can observe.
Whereas particular particulars in regards to the new reasonably priced mannequin’s specs stay restricted, Tesla has indicated that the automobiles will incorporate parts from each their next-generation platform and current platforms and will likely be manufactured on the identical manufacturing traces as their present choices. This technique goals to streamline manufacturing processes and cut back prices considerably, permitting the corporate to cost the brand new mannequin decrease than the present Mannequin 3 and Mannequin Y.
The emergence of this mannequin comes at a vital time for Tesla, as the corporate skilled a decline in gross sales in 2024 for the primary time in years. The introduction of this new mannequin is predicted to assist regain momentum in Tesla’s automobile enterprise. Anticipation builds round a possible launch occasion that might reveal pricing and specs earlier than mass manufacturing begins, possible slated for the second half of 2025.
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