TESLA ANNOUNCES NEW BUDGET MODEL Y | LOWEST PRICE EVER!

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Tesla has officially confirmed the development of a new, more affordable Model Y, internally referred to as 'Project Redwood' or the 'Model Q/2'. While initially rumored to be a distinct compact vehicle, Elon Musk clarified that this new offering is, in fact, a variant of the Model Y. The video details significant design and feature modifications aimed at cost reduction, including a smaller overall body, a traditional split headlight design instead of a light bar, a hard-shell roof instead of a glass sunroof, a redesigned center console, and a reduced audio system. The interior may feature textile seats, and it will lack a rear screen and potentially ventilated front seats. Despite these changes, it is expected to retain Hardware 4 for FSD capabilities. Pricing remains speculative, with estimates suggesting a $10,000 reduction from the current Model Y, potentially bringing it close to the $35,000 mark. The reviewer highlights the possibility of aggressive financing or a robo-taxi fleet integration to achieve monthly payments as low as $99, though this comes at the cost of reduced features and range compared to the standard Model Y.