Tesla Reportedly Developing A Cheaper Model Y 'E80' Variant With Fewer Features In China

Benzinga

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.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Tesla's Chinese division is reportedly working on an affordable Model Y variant called the E80.

00:07Teslarati reported Sunday.

00:09New models expect to feature a 50 to 55 kilowatt battery,

00:12smaller wheels, fabric seats without ventilation,

00:14and no rear display to keep costs low.

00:16Pricing is projected between $20,500 and $28,800.

00:21Tesla released set for late 2025 or 2026,

00:24depending on the new Model Y's performance in China.

00:26The velvet alliance with Tesla's broader strategy to introduce more affordable EVs

00:30is discussed during its Q1 2025 earnings call.

00:34For all things money, visit Benzinga.com slash GSTV.

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