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Jul 14, 2020

Tesla scraps plans for its bargain version of the Model Y

Posted by in categories: Elon Musk, sustainability, transportation

Tesla is scrapping plans for a bargain Model Y SUV because of its short range on a single charge, CEO Elon Musk said in a tweet over the weekend.

Earlier this year, the electric car maker began producing its pricier, dual-motor all-wheel drive version of the Model Y, which starts at $49,000.

Tesla had planned to roll out a cheaper version of the Model Y — expected to be priced under $40,000 — with a single engine, rear-wheel drive and smaller battery. But Musk tweeted that the range on that vehicle would have been “unacceptably low” at less than 250 miles on a single charge.

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