Tesla has pushed back the mass production of its budget-friendly Model Y, internally codenamed E41, to a window between the third quarter of this year and early next year. Initially slated for the US, the vehicle will eventually expand to China and Europe. Additionally, Tesla is preparing to unveil a more streamlined version of its Model 3 sedan. It is anticipated that the E41 will commence production in China in 2026, boasting a more compact design and a cost reduction of approximately 20%. Investors are keeping a keen eye on the development of Tesla's more affordable models, hopeful that they will reverse the current sales decline.