A smaller and more affordable Model Y that's 20% cheaper to produce was initially planned to be released in the first half of this year

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

Tesla reportedly still plans to manufacture 250,000 units of the budget Model Y in the US by 2026. We don't know how much it'll cost, but it probably won't be $25,000.