A more affordable Tesla Model Y is in the works
- by Top Gear Philippines
- Aug 01, 2025
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PHOTO: Leandre Grecia
A cheaper, more affordable Tesla Model Y is currently in development, and we could see production-ready models before the end of the year. The announcement was made at the company’s recent investor call, where it also shared that the Cybercab and semi-trailer truck are inching towards production.
Tesla also confirmed the return of the sentimental Roadster, which is (still) in its design development stage. The Tesla Roadster has been rumored to reach almost hypercar levels of performance, while packing all the niceties of the Teslas of today.
PHOTO BY Dinzo Tabamo
But back to the new Model Y. It was previously reported that Tesla was preparing a new model with a friendlier price, most probably to compete against new EVs from China. Elon Musk cleared the air that its new competitor would essentially be a simpler Model Y. The carmaker’s CEO did not divulge too much on details, but rather stressed it will be affordable and it is coming soon.
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