A wrapped Tesla Model Y. Photo: Christophe Gateau/dpa (Photo by Christophe Gateau/picture alliance via Getty Images) dpa/picture alliance via Getty ImagesThe Tesla “Model 2” is back. Years of “Redwood” and “Model 2” hype and rumors yielded only a stripped-down RWD Model Y (now priced at $39,990). Tesla already has a certified hit – Model Y Q1 sales surge, says Cox Automotive: “The Model Y saw strongly higher sales in Q1 and the Tesla brand won back significant market share,” according to a Cox Automotive April 10 2026 report. The report went on to say: “One out of every three EVs sold in Q1 was a Tesla Model Y.”Tesla already has a popular lower-cost vehicle: the base model $39,990 Model Y (not to mention the base $36,990 Model 3).

Source: Forbes April 12, 2026 02:57 UTC