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Tesla Inc (NASDAQ: TSLA) apparently has has stopped taking orders for the cheaper version of its Model Y, Electrek reported.
What happened: Electrek reported that Tesla canceled the midsize SUV in the latest in a series of puzzling directional changes to the vehicle. The company has also removed the model from its online configurator, Electrek said.
Tesla has not communicated any reason behind this change.
Why is this important: The automaker aims to make some of its vehicles more affordable. Earlier this month, Tesla lowered the price range for the base Model Y from $ 2,000 to $ 39,990. It also reduced the price of long-range all-wheel-drive versions from $ 1,000 to $ 48,990.
In January, Tesla lowered the prices of its European Model 3. In Germany, the Model 3 became up to 4,000 euros cheaper, and in France, the price fell by 6,000 euros.
It has also ramped up its deliveries, shipping 499,550 vehicles in 2020.
Photo courtesy of Tesla.
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