What's the story Tesla is gearing up to launch a more affordable version of its electric vehicle (EV), but it won't be an entirely new model. Instead, the company will offer a stripped-down version of the recently revamped Model Y Juniper. The news was confirmed by CEO Elon Musk during Tesla's latest earnings call on Wednesday. Production details Take a look at the expected changes While Tesla hasn't confirmed which features will be removed from the new model, we can guess some possibilities. A smaller battery pack could be one of the changes, along with less powerful motor(s), cloth seats and removal of comfort items like dual wireless charging and rear infotainment screen. The stripped-down Tesla Model Y could cost somewhere in mid-$30,000 range before tax incentives. Sales impact