Cheaper electric vehicles based on the Model Y and Model 3 are allegedly in the works, but the timeline is shifting/

Tesla’s long-promised, lower-cost version of its best-selling Model Y has hit a snag – and the company won’t say why. Production of the more affordable electric SUV, codenamed E41, was supposed to begin in the U.

A smaller and more affordable Model Y that's 20% cheaper to produce was initially planned to be released in the first half of this year