Musk confirms that cheaper versions of the current Model Y are coming – but there are no signs of an all-new car.

In an earnings call Wednesday, Tesla CEO Elon Musk “let the cat out of the bag”: The new, more affordable electric vehicle ...

Tesla says production of the less expensive Model Y began in June and that it would go on sale in the fourth quarter of this year.

A new 'affordable' Tesla model – possibly a stripped down Model Y or Model 3 or both – is slated to begin production this month, fueling speculation about what it is and its price.

Musk had already canceled the so-called Model 2 despite public denial, executives said Some Tesla executives expressed concern Musk was deceiving investors about a low-cost EV Tesla now plans more ...

Tesla planned to launch affordable EVs by June, but with the month drawing to a close, it's unclear what the status of those models is. The new EVs are expected to fall in the $30,000 price range.

Tesla told staff it plans to pause Cybertruck and Model Y production during the July 4 week. The pause would enable the automaker to perform maintenance on production lines, Tesla told staff. All ...

It might just be a stripped down Model 3/Y. Another wrinkle is that Tesla has never really detailed exactly what the phrase “more affordable models” means. As best we can tell, ...