Tesla has been promising more affordable models as the thing that will help pull it out of its current rut. But in an earnings call Wednesday, the company’s CEO came right out and confirmed rumors that it would just be a stripped down version of the Model Y, rather than a brand new vehicle program. “It’s a Model Y,” Musk said. “I let the cat out of the bag there.” The cheaper Model Y is currently in production and expected to go on sale in the fourth quarter of 2025. (Musk’s response to the question starts at 1:00:14.)
Andrew J. Hawkins

Transportation editor
Transportation editor
Andrew is transportation editor at The Verge, He covers electric vehicles, autonomous vehicles, ride-sharing services like Uber and Lyft, public transit, policy, infrastructure, electric bikes, and the physical act of moving through space and time. Prior to this, he wrote about politics at City & State, Crain’s New York Business and the New York Daily News. He lives in New Jersey with his wife, two kids, and many different brands of peanut butter.
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The delivery took place in Austin, Texas, last month. Apparently the vehicle did fine until it arrived at its destination, at which point it promptly parked in a fire lane. This photo appeared in the company’s second quarter earnings report for shareholders. Nice work, everyone.






The adapter will cost $220 and can be ordered on Lucid’s website. With it, Lucid Air sedan owners can simply roll up to any Tesla Supercharger station and plug in. Charging sessions can be initiated and paid for through the Lucid app.
Of course, Lucid Gravity owners won’t need to bother with the adapter since their electric SUV comes with a native NACS port. Lucid is also announcing a bump in the 2026 Air Touring’s range to 431 miles — maintaining the California company’s perch as king of the range among all other EVs.




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