
‘Let the cat out of the bag there’: Elon Musk says the new, affordable Tesla coming in 2025 will just be a cheaper Model Y
More affordable models will be based on existing Model 3 and Model Y Cost-cutting will include stripped-down interiors and reduced tech The move is a bid to drum up sales, which have slumped in recent months During a shareholders’ call that followed Tesla’s recent quarterly earnings announcement, Elon Musk “let the cat out of the…