09:47, Sat, Feb 1, 2025 | UPDATED: Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. Read our Privacy Policy Trending Speaking at the 2024 Annual Stockholder Meeting in June, Musk stressed that a cheap Model Y could be a “game changer” with millions rolling off the production line. He explained: “You could imagine if there was...say, a Model Y that cost less than $20,000 (£16,000), it would sell like five million units. “That’s not feasible today but figuring out ways to make more affordable vehicles is really like the game changer.” “For most people, it’s not a question of whether they want a Tesla. They simply do not have enough money to afford one. So we have to make it affordable, that’s essential.” Related articles