Tesla launches Model 3, Model Y Standard
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Tesla has been talking about launching new “more affordable models” during the first half of the year. The first half of 2025 came and went without new, cheaper models. Instead, Tesla claimed that the “first build” of the new model was produced in June, and it will launch later this year.
Tesla says the first builds of a more affordable model happened in June, with volume production planned for the second half of 2025. The new car will likely slot below today's Model Y and lean into Tesla's self-driving roadmap.
Five years after referencing plans for a more affordable model, Tesla launched its cheaper Model Y and Model 3 trims with smaller batteries, fewer features and over 300 miles range.
Tesla has increased the range of a few Model 3 variants in Europe after updating the Chinese-made Model 3 with new battery cells from LG. One of the great advantages of electric vehicles is that they improve with advancements in battery technology.