Tesla Reportedly Developing A Cheaper Model Y 'E80' Variant With Fewer Features In China

Tesla Inc.'s (NASDAQ:TSLA) Chinese division is developing an affordable version of the popular Model Y crossover SUV. What Happened: The model, dubbed the ‘E80,' will reportedly be a toned-down version of the new Model Y and feature a 50-55 kWh battery, smaller wheels, fabric seats with no…