Lars didn't come right out and say, "Yeah, this is a Model Y with fewer cupholders and a smaller screen," but he did suggest ...

Like the Model 3 update revealed in 2023, the updated Model Y drops the original car's catfish-like flat nose for a more traditional shape. Fog lights and a license plate holder are retained below ...

Coming in June, the lower-priced Tesla is not expected to be an entirely new model. It's likely to be a more basic version of the 2025 Model Y SUV.