Overview

• Treasury-posted teaser clips on X show a spinning metallic component and illuminated headlights with the date 10/7, signaling an announcement on Tuesday.
• Reporting across outlets points to a stripped-down Model Y variant, with Tesla having said in June it completed “first builds” and planned Q4 sales.
• Sources told Reuters the version is engineered to cut production costs by roughly 20% and could scale toward about 250,000 U.S. units annually by 2026.
• Key details such as price, range and feature set remain unconfirmed, with analysts debating targets near $40,000 versus calls for a sub-$35,000 entry to drive volume.
• The push toward a cheaper Model Y follows Tesla’s cancellation of a ground-up $25,000 EV, with sightings near Gigafactory Texas and influencer visits reinforcing expectations for Tuesday’s reveal.