If you were planning to buy a Tesla Model Y, you could wait because a cheaper version with a better battery is coming soon. It is a car with equipment that has not been seen before, and the company reportedly delivered several such versions to its employees at the Giga Rodeo event in Texas last week.

The new Model Y is equipped with a 4,680-cell battery, which is twice as much as the current ones used by Tesla. The battery has five times the capacity, which allows the company to increase the range of its vehicles or use fewer batteries to achieve the same range, thus potentially reducing costs.

The current Model Y in the new Standard Range AWD version has a range of 449 kilometers and accelerates to 62 mph in five seconds. It costs $ 59,000, which is $ 3,000 less than the Long Range AWD version.

With the new model, Tesla is trying to present its strategy of producing a $ 25,000 car. While it will take time for a new battery to come into every Tesla electric car, it should still help maintain prices and improve range.

Source: Tesla