Tesla's low-cost Model Y production delayed until 2026

It is reported that Tesla's planned low-cost version of Model Y (codenamed E41) will be delayed and is expected to start production between the third quarter of 2025 and early 2026. The new car will be produced in the United States, China and Europe. Although it was previously reported that the car will be smaller than the existing Model Y and the production cost will be reduced by 20%, some analysts believe that this may be a simplified version of Model Y rather than a new low-priced model.