Overview

• Tesla posted two official teaser videos on X showing a spinning component and a vehicle’s headlights, ending with the date 10/7.
• Media and analysts widely expect the event to introduce a stripped-down Model Y, with the second teaser’s light signature matching recent sightings near Giga Texas.
• Leaked images and code suggest cost-saving changes including no front light bar, a closed blacked-out roof, smaller 18-inch wheels or wheel covers, textile upholstery, fewer speakers, manual steering and seat adjustments, and deletion of the second-row screen, plus a front bumper camera.
• Reports point to a U.S. starting price near $39,990 and roughly 20% lower production costs, with Reuters sources estimating U.S. output could reach about 250,000 units a year by 2026; Tesla previously said “first builds” were done with Q4 sales planned.
• The teasers follow the Sept. 30 lapse of the $7,500 federal EV credit after a Q3 delivery surge, heightening interest in a lower-price variant, as influencers were also reportedly hosted at Giga Texas ahead of the reveal.