Tesla's Chinese division is reportedly working on an affordable Model Y variant called the E80, Teslarati reported Sunday. The new model is expected to feature a 50 to 55 kWh battery, smaller wheels, fabric seats without ventilation, and no rear display to keep costs low. Pricing is projected between $20,500 and $28,800. A potential release is set for late 2025 or 2026, depending on the new Model Y’s performance in China. The development aligns with Tesla's broader strategy to introduce more affordable EVs, as discussed during its Q1 2025 earnings call.
