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Currently, the model y starts at around $47,490, so a 10% reduction would bring the price down to approximately $42,000. · tesla is launching a new entry-level model, but ceo elon musk confirmed that it is just a more bare-bones version of the … · while tesla hasn’t confirmed exact pricing details for every trim level, industry experts suggest that the base price of the 2025 model y could drop by up to 15%. · but in an earnings call wednesday, the company’s ceo came right out and confirmed rumors that it would just be a stripped down … · elon musk has finally confirmed that tesla’s new ‘affordable’ electric car is just going to be the model y in a cheaper format. · tesla will launch a more affordable version of the model y by the end of the year in hopes of reversing its sharp sales decline.