when is the tesla announcement today

Tesla's announcement happened on Tuesday, October 7, 2025. The company unveiled a long-awaited, more affordable version of its Model Y, dubbed the "Standard" Model Y, starting at just under $40,000, as well as a lower-cost Model 3 sedan around $37,000. The event included the reveal of a refreshed version of Tesla's Full Self-Driving technology. This announcement followed Tesla's recent record third-quarter deliveries and came after the expiration of the $7,500 U.S. federal EV tax credit. The new Model Y aims to be about 20% less expensive to manufacture with several simplified features to compete in a more challenging market landscape.