The arrival of a new Tesla Model Y variant with pricing roughly on par with the Chevy Equinox EV has been delayed until late 2025 or early 2026, sources say.

Tesla, Inc. TSLA has delayed the launch of its long-anticipated affordable vehicle, which is a stripped-down version of its popular Model Y SUV, in the United States. The company previously pledged to release lower-cost cars in the first half of the year,

Wall Street futures pointed to a slight recovery in market sentiment on Tuesday, but the dollar was still near a three-year low, after U.S. President Donald Trump's attack on the Federal Reserve chair sparked a selloff.